This freehold 1629sqm pocket within the Terraced Housing and Apartment Zone reigns over its high-density, dress-circle position. The exponential opportunity offering the pined for Remuera location, double grammar education, and resource consent granted for a 25-unit apartment complex is a combination made for development success.
Presently with an original bungalow, resource consent for a future complex includes design work embracing 11 one-bedroom units, 11 two-bedroom units, 3 three-bedroom units and a total of 22 car parks. The possibilities are sky-high, and the location is dense with the premier living appeal.
Excellent medical facilities, public transport, and amenities line Greenlane East. Newmarket is not far off, Remuera village is closer, and nearby motorways offer rapid access to the CBD. Remuera Primary and Intermediate are within walking range. The educational privileges continue with zoning for Auckland Grammar, Epsom Girls, and there is brilliant proximity to the private Kings School, St. Kentigern and St. Cuthberts.
The bungalow acknowledges its 1916 build era with original elements. Currently, with three bedrooms, two bathrooms, a traditional living arrangement with sunny decking, storage, and a workshop, it has all the components for a superb temporary rental or permanent home with outrageous potential.
Ascot Avenue is a long-esteemed address with every right to be coveted. This property will be sold; contact us to ensure your chance!