67 Barrack Road

About this property

Unlock the potential of this exceptional 809m2 (more or less) freehold site in one of Mt Wellington's most sought-after growth locations. Regular in shape and zoned Mixed Housing Suburban, this is a standout opportunity for developers, investors and astute buyers looking to secure a quality landholding with exciting future potential. With the sewer line already on site and stormwater conveniently located at the front of the property allowing you to move confidently from concept to consent. Whether you're ready to develop now or simply landbank in a high-growth suburb, this property offers flexibility and long-term upside. Currently returning $785 per week, with excellent tenants who would love to stay, it also provides immediate holding income. Positioned towards the rear of the section, the existing home leaves excellent scope for those dreaming of building a new home at the front while retaining the current dwelling. Constructed in classic 1960s weatherboard with solid bones and beautiful native timber floors, the home is clean, spacious and move-in ready, while still offering plenty of opportunity to modernise and add value. Inside you'll find three generous bedrooms plus a study, a separate living room and a family bathroom. Downstairs, the substantial basement offers an internal-access garage, shower and toilet, providing fantastic versatility for storage, hobbies or future enhancement. Outside, there's an abundance of lawn for children to play, room for the trampoline and plenty of space to enjoy while you plan for the future. The location is every bit as impressive. Set within a tightly held pocket of Mt Wellington, you'll enjoy easy access to major arterial routes, SH1 and excellent public transport. Sylvia Park Shopping Centre, Lunn Avenue's popular retail and dining precinct, Panmure Train Station, Mt Wellington and the vibrant Ellerslie Village are all just minutes away, making this a location that continues to attract strong buyer demand. Our overseas vendors have made the decision not to return and are highly motivated to see a SOLD sign on auction day. Midweek inspections are available, or we look forward to welcoming you through one of our scheduled open homes. For auction sales results from Ray White Stonefields, other sales stats for Mt Wellington and local suburbs, new listings and market news check out www.facebook.com/MtWellingtonRealEstate