A BLUE MOON OPPORTUNITY

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A BLUE MOON OPPORTUNITY

45 Kokopu Street, Omaha, Rodney

678

Within easy walking distance to the shops, cafe, surf club and minutes away from Omaha's stunning 4 kilometre white sandy beach right on your doorstep.

Rarely found and located in a prime Omaha South location, and one of a few remaining sections with a private walkway shared only by the next door neighbour, no roads to cross and a straight walk to the ocean in less than a minute.

Surrounded by quality homes in a prestigious neighbourhood, the opportunity to build the house of your dreams one back from the beach on a north facing regular shaped section with direct walkway access to the beach, is undeniably scarcer than hen's teeth.

The driveway access on the western boundary offers an additional set back and privacy from the neighbours on that side, the ability to maximise the site for sun and outdoor living, courtyard areas, etc. both a distinct advantage.

As the existing beachfront home on the north facing beach boundary is single level, from a second level stunning panoramic ocean views should be possible.

15 - 20 year old one back from the beach homes have recently sold between $5.6M - $5.75M offering an extraordinary opportunity for short to medium term capital gain, and the ability to build exactly what you want.

Notated as a category B type section Council Special 16 (Omaha South Development) Zone, a maximum build potential of 300m2 over two levels should be allowable under the current build guidelines.

Council Category B section (More than 600sqm/less than 1099sqm) build guidelines are:
Front Yard Setbacks: 7.5 metres
Rear Yard Setbacks: 7.5 metres
Side Yard Setbacks: 2.0 metres
Max Footprint 30%
Max Gross Floor area 40%
Maximum Height 6 metres

Zoning Residential A
Rateable value $1,800,000.00 RV Year 2021
Rates $3,987.11 pa Auckland City
Title Freehold