• $2250000

5 McManus Place, Otahuhu, Auckland, 1062, New Zealand

McManus House at 5 McManus Place Otahuhu is a 12 bedroom Boarding House on a full flat 1189m2 site with exceptional views over the Tamaki river. There is the main dwelling house plus a further 4 studios that have their own ensuite bathrooms. Separate to the main house are 2 newly built free standing studio units with ensuites that both have garaging. In addition to all the ensuites, there are shared bathrooms and service facilities. Where this property is located and the size of the land there is real potential for further use as being zoned Mixed Housing Suburban, the possibilities are endless, with the new rules coming into fruition on 1st August. Unheard of in today’s buoyant market, is the potential to create a stunning yield, and at the same time explore the options to further redevelop this unique coastal landmark. This is a winning property and the Vendors of 20+ years are on the move! Key Considerations: Exceptional location Flat 1189m2 coastal site First time for sale in over 20 years 365m2 floor area Outstanding opportunity