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Properties in Auckland with circa 200m2 net land area - good investment?

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  • ashleyb
    Freshie
    • Dec 2014
    • 4

    #1

    Properties in Auckland with circa 200m2 net land area - good investment?

    I'm looking at some properties in Auckland (relatively central suburbs) that have been subdivided and the vendors are now selling the piece of land with the original house on it. Net land area around 200-240m2.

    What are your thoughts around whether this would be a good investment? I know it's not a lot of land to do a lot with now, but I'm hoping that having even that little bit of garden area will become even more valuable over time with the abundance of townhouses/units/apartments with 80-100m2 land popping up.

    Thanks so much
  • Frezzinghot
    Fanatical
    • Jan 2014
    • 4242

    #2
    Originally posted by ashleyb View Post
    I'm looking at some properties in Auckland (relatively central suburbs) that have been subdivided and the vendors are now selling the piece of land with the original house on it. Net land area around 200-240m2.

    What are your thoughts around whether this would be a good investment? I know it's not a lot of land to do a lot with now, but I'm hoping that having even that little bit of garden area will become even more valuable over time with the abundance of townhouses/units/apartments with 80-100m2 land popping up.

    Thanks so much
    Why are you looking in the central suburbs? Are you against looking further out? the maket is changing and better buying opportunities are on their way, looking further out may find you a better bang for buck. Its the value of the land going up, not the building.
    "DEBT BECOMES IRRELEVANT WITH INFLATION".

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