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48 Metcalfe Road
Ranui, Waitakere City 0612
Price By Negotiation
Overview
Multi-Dwelling Investment on 4605m2 site.
Offered to the market for the first time, this rare suburban estate presents an exceptional opportunity for investors, developers, or extended families seeking both income and future potential. Situated on flat, park-like grounds spanning over an acre, this freehold site offers a tranquil lifestyle setting combined with serious development upside with a 7.4m wide driveway.
Currently generating strong rental income, the property comprises:
- A spacious four-bedroom home
- Two separate, fully self-contained three-bedroom homes
- A large freestanding garage, ideal for storage or future repurposing
Zoned Mixed Housing Urban, this property invites further development (subject to council approval), with generous flat land, well-established landscaping and ample room to add more dwellings. Enjoy convenient access to major arterial routes, a flat 10-minute walk to the train station, and just a short drive to shopping centers, schools and other amenities.
Properties of this size, versatility and income-generating power are increasingly hard to find in today's market. Whether you're looking to landbank, develop, or secure a multi-family setup, this one is not to be missed.
Arrange a private viewing to explore the possibilities this unique property offers.
Location
Ranui Waitakere City 0612
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 437 |
| Floor Area | 437 sqm |
Market Insights for Ranui Waitakere City 0612
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
