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Discover a golden opportunity tailored for developers and investors in the thriving suburb of Mount Wellington. We are proud to present a property that combines exceptional value, appeal, and a wealth of benefits. Highlights: • Freehold 675m² land area • Suburban Zone • 3 bedroom, 1 bathroom house returning $35,880 per annum • RC, BC, & EPA approved. • Waste water on site. Storm water across the road. Location: • Easy access to SH1 • 14km distance to Auckland CBD (Approx.) • 3km to Sylvia Park Shopping Centre(Approx.) • Nearby public transport Specifications as per the plans:- • Existing House - 3 bed, 1 bath • Land area - 321.1sqm (mol) • Floor area - 99.86sqm (mol) • New Builds - 4 Bed, 3 bath homes Lot 2 • Land area - 172.6sqm (mol) • Floor area - GF: 62sqm (mol), FF: 62sqm (mol) Lot 3 • Land area - 181.3sqm (mol) • Floor area - GF: 66.6sqm (mol), FF: 58.5sqm (mol) What sets this property apart is the coveted approved Resource Consent (RC) and under process Building Consent (BC) & Engineering Plan Approval (EPA) that will be made ready by the vendors for the new owners. This key advantage significantly reduces the time and costs typically associated with obtaining these approvals, allowing you to expedite your development project with ease and confidence. Imagine the freedom of skipping the red tape and diving straight into bringing your vision to life. With the consents out of the way you can focus on the creative aspects of your project, maximising your potential for success. In addition to its development potential, this property offers an attractive holding income of $35,880 per annum. This means that while you're strategising and executing your development plans, you can also enjoy a steady stream of rental income, ensuring financial stability and peace of mind. Don't miss out on this chance to make your mark in the world of property development. Contact the exclusive agents today for further information.