65 Wellington Street, Freemans Bay

For sale by negotiation

14 Bed

2 Bath

2 Lounge

1 Office

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Ponsonby Investment with Power – Income + THAB Zoned

Unlock Ponsonby's potential with this high-performing investment and future development site – now heading to auction and absolutely must be sold.

Located just steps from Ponsonby Road, this 546m² freehold site (more or less) currently operates as a 13-bedroom accommodation facility, generating consistent income from day one. Whether you choose to hold and earn or prepare your development plans, the numbers work from every angle.

Zoned Terrace Housing and Apartment Buildings (THAB) under the Auckland Unitary Plan, the site offers serious potential for intensification – think boutique apartments, premium townhouses, or a mixed-use concept (subject to council consent). With flat contours, wide street frontage, and unbeatable proximity to cafes, bars, retail, and transport, it ticks every box for a savvy developer.

Key Highlights:

Proven cash flow: Income-generating asset with holding potential
546m² of flat, north-facing freehold land (more or less)
13-bedroom, 2-bathroom setup with shared amenities and outdoor living
THAB zoning – high-density residential potential
Walking distance to Ponsonby Road, easy access to the CBD and motorwaysHeld by the current owner for years – now seriously for sale

Whether you're land banking, planning your next build, or wanting to secure a rare slice of Ponsonby for future gain – this is a smart move with income in your pocket while you plan.

Auction: Ponsonby Branch 1st May 2 pm (unless sold prior)

Contact us today for the full information pack or to arrange your private inspection.

Luke Dallow

027 291 0476

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