Positioned on a flat 804 sqm (approx.) freehold site in a prestigious, leafy Mt Eden avenue, this elevated property offers significant long-term value in Auckland's sought-after Terrace Housing and Apartment Building (THAB) zone.

Currently configured as three separately power-metered one-bedroom units, the 172 sqm (approx.) dwelling offers holding income while you land bank or prepare for redevelopment. The site is ideal for medium to high-density residential development, benefiting from wide street frontage, great access, and a premium city-fringe location.

Each unit benefits from a sunny north-facing aspect, high stud ceilings, and a blend of character features and modern updates. With vintage leadlight window, traditional fireplaces, and individual carport allocations, there's value to retain in the short term - or scope to completely transform the site for long-term capital gain.

* Zoned THAB - enabling greater building height and density * 804 sqm flat, fenced, freehold site with mature trees and lawns * Three existing units provide flexible holding income * Power separately metered, with standalone carport spaces * Close to Mt Eden Village, Dominion Road eateries, Eden Park, and major transport routes * Zoned for Balmoral School, Epsom Girls Grammar, and Mt Albert Grammar

Just moments from Potters Park and key transport links, this property is ideally positioned for a high-yield development in a sought-after inner-city location. Whether you're looking to build or landbank - this is your chance to capitalise on a rare zoning and unbeatable location.

In Room Auction - 06/05/25 Tuesday 3:30pm (Unless Sold Prior) Raywhite Remuera - 411 Remuera Road, Remuera

*All development works subject to council approval