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Resource Consent Granted for 7 Lots – Zoned Terrace Housing and Apartment Building (THAB) and not affected by Watercare Capacity Restraints. Currently a high yield rental return for anyone not ready to break ground straightaway. A 728m² corner site is a golden opportunity for developers, land-bankers, and savvy investors. Don’t miss your chance to secure this sought-after property in Glen Eden, with Resource Consent for 7 lots already in place! Key Features: • Not affected by the Watercare Capacity Restraints: Written Confirmation by Watercare • Two vehicle crossings on Claywest Place and Clayburn Road for added convenience. • Exceptional Accessibility: Just a 5-minute walk or 1-minute drive to Glen Eden Train Station via Brandon Road. • Existing Dwelling: A 1960s three-bedroom bungalow (approx. 116m²) with a second living room currently used as a fourth bedroom. • Bonus Income Streams: Two sleepouts for extra income cash flow and three additional sheds for storage, plus an under-house garage. • Steady Rental Income: Currently generating rent of $790 per week ($41,080 annually) and tenants are happy to stay. • Development-Friendly Services: All underground services are conveniently located. • Easy Contour & Dual Frontage: Perfect for flexible and cost-effective development. This is a rare opportunity to secure a prime development site in a high-demand location. Vendor’s Instructions: This property must be sold! Go to www.barfoot.co.nz/902421 to view supporting documents and PDFs.