Prime Development Opportunity With Approved Residential Scheme

A rare opportunity to secure two adjoining freehold properties in the rapidly transforming suburb of Point England. Held by the same vendor and offered together as one package, this is an ideal acquisition for developers seeking a project that has already progressed through the most time-consuming planning stages.

The vendor has completed a comprehensive development programme, with:

• Resource Consent (RC) approved in 2025
• Building Consent (BC) approved in 2026

The approved scheme provides for the construction of 15 new residential dwellings, allowing the successful purchaser to focus on delivery rather than navigating the consent process.

Property Highlights

• 59 Torino Street – 804m² (more or less)
• 61 Torino Street – 1,009m² (more or less)
• Combined land area of approximately 1,813m²
• Two adjoining freehold titles
• Approved development for 15 new homes
• RC and BC already in place
• Existing homes currently tenanted
• Combined rental income of $1,450 per week
• Purchase together as one complete development opportunity

Whether you’re ready to commence construction immediately or prefer to continue collecting rental income while planning your build programme, this property offers outstanding flexibility.

Location

Situated in the heart of Point England, the site enjoys convenient access to:

• Schools and childcare facilities
• Local parks and reserves
• Public transport connections
• Glen Innes Town Centre
• Auckland CBD via the Southern Motorway and rail network

The area continues to benefit from significant residential renewal and infrastructure investment, making it an increasingly attractive location for long-term development.

Opportunities like this don’t come along often. Contact us today for the full consent documentation and information pack.