50 Metcalfe Road Ranui, Waitakere City

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.

Contact me today to arrange your private viewing and explore the possibilities.