Outstanding Development Potential in Remuera

Property listing ID: 923337

Bedrooms
5
Bathrooms
3
Covered parks
5
Off-street parking
5
Land area
776m²
Price / method
For sale by negotiation

A rare opportunity to secure three units together in a prime Remuera location, just a stone’s throw from Benson Road shops, cafés, and Little Rangitoto Reserve. Comprising 2 x 1-bedroom units and 1 x 3-bedroom unit, all on individual cross-lease titles with their own water meters, the combined land area is 776m² in Mixed Housing Suburban. Currently generating $1,700 per week in rental income, these units are ideal for investors, land bankers, or developers seeking a potential redevelopment site. Elevated with urban and partial sea views, the property enjoys sunny aspects and a quiet, private setting. Just minutes from Orakei Basin walking track, local shops, and transport, and close to Kings and St Kentigern Schools, it’s a highly sought-after location for tenants or future development. Key Features • 3 units sold together on cross-lease freehold titles • Total land area 776m² (mol) • 2 x 1-bedroom units + 1 x 3-bedroom unit • Currently rented for $1,700/week • Elevated site with urban & partial sea views • Prime location: minutes to Benson Rd shops, Orakei Basin & local reserves • Close to Kings & St Kentigern Schools • Strong investment or land banking potential • Owner retired – must be sold Contact Cindy today to arrange a private viewing.

Listed by Barfoot & Thompson , Cindy Yu (Parnell)