23 Olive Crescent, Papatoetoe, Auckland

Calling builders, developers and astute investors - an exciting development opportunity awaits at 23 Olive Crescent, Papatoetoe.With Resource Consent approved for five new dwellings, this substantial development opportunity provides the next owner with a clear pathway to progress the project.APPROVED DEVELOPMENT - 5 NEW HOMESThe approved plan provides:Lot 1: 3-bedroom dwellingLot 2: 3-bedroom dwellingLot 3: 3-bedroom dwellingLot 4: 3-bedroom dwellingLot 5: 4-bedroom standalone dwellingThe development offers a combination of four 3-bedroom homes and one larger 4-bedroom standalone home, providing a diverse mix designed to appeal to the family and investment market.With a handy holding income from the existing four bedroom house and sleepout, you can sit tight with your next project locked in, or amend the plans to your personal touch.WHY THIS OPPORTUNITY STANDS OUT Existing 4-bedroom house with an additional 3 utility roomsResource Consent approved for five dwellingsConsent documentation available for inspectionFour 3-bedroom homes plus one 4-bedroom standalone homeExcellent opportunity for builders and developers to bring the approved scheme to lifePotential to add value through construction and developmentScope for an experienced developer to investigate staging and construction options, subject to consent requirementsEstablished Papatoetoe location surrounded by existing residential development Positioned in a well-established Papatoetoe neighbourhood, 23 Olive Crescent offers easy access to a wide range of amenities, transport links, schools, shopping and recreational facilities.Contact Tom McCartney (021 856 286 - http://www.tommccartney.co.nz/) for more information and we look forward to seeing you at the open homes.Auction - 14th October 2026, from 9:00am, Ray White Manukau (unless sold prior)Disclaimer -This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Images have been digitally enhanced and decluttered to showcase the property's potential. No structural alterations have been made.