Property listing ID: 909428
An increasingly rare opportunity in a sought-after location, these three freehold properties offer significant potential for developers, investors, and land bankers. With generous land parcels, superb street frontage, and northwest-facing backyards, the real value here lies in the land and its development prospects. • Available separately, each at 824m2 (more or less), or together • Total Land Area: 2,472m2 (more or less) • Zoning: Mixed Housing Suburban • Development Potential: 12–17 two-level terraced units (subject to consent) • Existing Dwellings: Three original 1940s two-bedroom homes While the current homes remain in original condition, the true appeal is in the development potential of these sites. Interest is expected from a broad range of buyers, including: • Small-to-medium developers or builders – who may look at purchasing a single site. • Land-banking investors – seeking long-term growth in a premium location. • Large-scale developers – considering the acquisition of all three lots for a major project. Regardless of the buyer, the location is second to none. Ellerslie Village, local cafés, bus routes, and Ellerslie Train Station are all within walking distance, while the CBD and motorway access are just minutes away. The properties are also zoned for well-regarded schools, including Ellerslie School, One Tree Hill College, and Baradene College. Opportunities of this scale in such a strategic location are hard to find. Contact Steve or Rawdon for further details.
Listed by Barfoot & Thompson , Steve Hood (Remuera) , Rawdon Christie (Remuera)