Property listing ID: 930897
Strategic High-Density Opportunity Offered to the market for the first time in eight decades, 9 Montrose Street represents a premium acquisition for developers seeking scale and "sell-ability" in a high-growth city-fringe suburb. This is a pure development play defined by its Terrace Housing and Apartment Building (THAB) zoning and a location that commands premium end-sale prices. The Site & Infrastructure The 728sqm flat freehold site provides a clear footprint for intensive residential development. Its proximity to the Point Chevalier village (less than a 2-minute walk) ensures future residents have immediate access to supermarkets, cafes, and essential services—key metrics for successful project feasibility and rapid off-the-plan sales. Key Investment Fundamentals: • Land Area: 728sqm flat freehold site. • Zoning: Terrace Housing and Apartment Building (THAB) – Maximum density potential. • Location: 200m from Point Chevalier Shopping Centre & Countdown. • Connectivity: Immediate access to public transport links, motorway on-ramps, and the Northwestern cycleway. • Resale Demand: Situated in a high-value precinct with proven appetite for new-build terrace housing and apartments. • Existing Asset: Original character bungalow (sold "as is, where is") provides a clean slate for site works. Logistics: The site is clear of significant heritage constraints, allowing developers to maximise the THAB provisions to their full extent.
Listed by Barfoot & Thompson , Howie John (Ponsonby) , James MacDonald (Ponsonby)