SOLD by Miles Real Estate. An offering of 748 m2 (approx.) backing on to Shelley reserve awaits the shrewd investor boasting GRZ-1 zoning ideal for multi-unit development (STCA). An extra wide frontage to Waterdale Rd, this near perfectly rectangular and level block allows for a great many designs to help maximise potential. A 3 bedroom, 1 bathroom brick home in clean and tidy order is complimented by a large bungalow complete with kitchen and WC facilities giving a future tenant added scope while planning applications are submitted. Close to local shops and a short drive to either Northland or Ivanhoe shopping whilst the proximity of the major hospital network adds to the demand of housing in this exponential growth corridor.