Rare Investment Opportunity Revealed 2 X 2

Property listing ID: 925199

Bedrooms
4
Bathrooms
2
Covered parks
4
Off-street parking
4
Land area
612m²
Price / method
Sold February 2026 for $1,081,000

Do not miss the opportunity to complete your due diligence on this flat, freehold and easily accessible 612 sqm (approx.) site zoned Mixed Housing Urban. Positioned at the end of a peaceful, tree-lined no exit street, this exceptionally rare offering presents a range of compelling options. Savvy developers will immediately recognise the favourable zoning as key to unlocking a profitable project and maximising the potential of the land, which also benefits from easy access to services. Long term investors or land bankers will appreciate the stable stream of rental income the property currently provides. The existing purpose built investment block comprises two well maintained mid century weatherboard units (2 x 2-bedroom), both compliant with Healthy Homes standards. Each unit features two generous bedrooms, spacious living areas, and upgraded bathrooms, along with ample on-site parking. Ideally located close to schools, shops, trendy cafés, walking paths, parks, and the ever popular Avondale Markets—and just a short drive to the CBD—this prime piece of real estate is ready for a savvy buyer to take ownership and unlock its full potential when the time is right.

Listed by Barfoot & Thompson , Anna Lechtchinski (New Lynn) , Ashley Tait (Ponsonby)