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Lifestyle Property

408 Drury Hills Road Drury, Papakura 2113

Sold on 10 Apr 2018
  • 2 Beds
  • 2 Baths
  • Building: 178m²
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Lifestyle Property in Drury

Great Investment Opportunity in Drury

  • 2 Beds
  • 2 Baths
  • Building: 178m²

Whether you're looking for a nice lifestyle block, or an investment with two income streams, you are winning either way here.
* Nearly 2.4 acres of flat land zoned FUTURE URBAN
* A large (178m2) two-storey two bedroom Lockwood house with "blonded" wood look and three living areas
* Large (180m2) decks and an 11m2 balcony
* Multiple off street parking
* Working glasshouse - 3,000m2 (more or less)
* Large water reservoir
The current owners are happy to lease back the whole property or just the business for at least the next five years.
The potential lease income is $42,000 + GST per annum from the glasshouse PLUS $31,200 per annum from the house, giving you around 4% annual return. This is definitely one of the better investment opportunities in one of the biggest growth areas in Auckland.
We have two other similar properties for sale either side of this property - BUY ALL THREE AND LANDBANK!!!
You need to view to fully appreciate this property. See our Open For Inspection times or arrange a private viewing with either of us listed below.

"Auckland Council is developing a structure plan for Drury that will enable up to 50,000 people to live in the area. The structure plan area is about 1907ha, and includes Opaheke, Drury and Drury West.
More than 5000 jobs will be created in 180ha of industrial-zoned land owned by the Stevenson Group. Kiwi Property, known for developments like Lynn Mall and Sylvia Park, has bought 51ha of land in Drury to create a town centre."
For additional information on what is a structure plan go to: https://www.aucklandcouncil.govt.nz/have-your-say/docssouthernstructureplanning/drury-structure-planning-overview.pdf

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as RPNZ or Auckland Council (LIM) documents. They have not been measured by the Salesperson or Drury Property Services Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.

Features:
  • Family Room
  • Electric Hot Water
  • Gas Heating
  • Modern Kitchen
  • Openplan Kitchen
  • Open-Plan Dining
  • Separate Bathrooms
  • Separate WCs
  • Ensuite
  • Combined Lounge/Dining
  • Separate Lounge/Dining
  • Electric Stove
  • Joinery: Aluminium
  • Very Good Interior Condition
  • Off-Street Parking
  • No Garaging or Carport
  • Wooden Base
  • Partially Fenced
  • Colour Steel Roof
  • Excellent Exterior Condition
  • Decking
  • Walk-In Wardrobe
  • Two Storey
  • Level Section Contour
  • Northerly and Easterly Aspects
  • Rural Views
  • Tank Sewage
  • Bore Water
  • Street Frontage
  • Level With Road
  • In-Street Gas
  • Public Transport Nearby
  • Shops Nearby
  • Mezzanine 3000m2 Greenhouses Natural Gas Connected Boiler For Glasshouses Heating
  • Rainwater Dam

See all features

Chattels:
  • Blinds
  • Curtains
  • Dishwasher
  • Drapes
  • Extractor Fan
  • F/Floor Cover
  • Garden Shed
  • Light Fittings
  • Rangehood
  • Stove
  • Telephone
  • TV Aerial
  • Cooktop Oven

See all chattels

Property ID:

DYR20298

Building:

178m²

Parking:

Multiple off street

Bedrooms:

2

Bathrooms:

2

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