Property listing ID: 938938
Comprising four separate titles and approximately 1,000m² of combined land, 11 The Parade presents an outstanding opportunity for developers, investors and land bankers in the heart of St Heliers. Currently occupied by three existing flats, the property offers useful holding-income potential while future plans are explored. Considerable preliminary work has already been undertaken, with a civil report and two architectural concept schemes available. One explores three substantial contemporary residences, while the other considers a boutique apartment development with underground parking, lift access and generously proportioned apartments of approximately 168m² and 178m². These concepts provide an exciting starting point and demonstrate the range of possibilities available to a future owner, whether the vision is to create premium apartments, substantial standalone homes, or simply secure a strategic landholding for the future. Positioned close to St Heliers Village, the beach, cafés, schools and Tamaki Drive, this is a substantial and increasingly scarce parcel of land in one of Auckland’s most desirable coastal suburbs. Develop, hold, reconfigure or land bank. The opportunity is significant, the groundwork has begun, and the options are compelling.
Listed by Barfoot & Thompson , Paul Neshausen (St Heliers) , Louissa Bao (Epsom)