Property listing ID: 939824
Framed by localised sea views across the Weymouth coastline, this substantial 850m² (0.21 acre) freehold parcel presents an outstanding opportunity for developers and land bankers. Elevated to optimise its marine backdrop including direct water vistas from a private upper-level balcony - the property's site dimensions and coastal positioning offer a compelling canvas for a multi-unit residential project or high-yield subdivision (subject to council consents). The site is anchored by an enduring 199m² 1900s-style classic brick-and-weatherboard residence. Comprising 5 spacious bedrooms, 3 full bathrooms (including a master ensuite), dual separate living areas, and a double garage, the robust existing home provides immediate, reliable holding income or options for adaptive re-use while you navigate planning, architectural design, and resource consent processes. Prime landholdings of this scale featuring built-in coastal appeal remain a scarce commodity—acquire this key location and maximise its ultimate development yield. Key Features: • Elevated Coastal Aspect: Captures local sea views, including a elevated vista from a private bedroom balcony, driving premium end-value for future buyers. • 850m² Freehold Section: Expansive, versatile landholding ideal for multi-dwelling residential development, subdivision, or long-term land banking (subject to council approval). • 199m² Holding Income: Solid 1960s brick and weatherboard home generating immediate rental returns during the design and consenting phases. • Substantial Internal Layout: 5 bedrooms and 3 bathrooms (including master ensuite) across flexible living zones. • Double Garaging: Secure vehicle parking and extensive site access for future project works. • Strategic Coastal Location: Situated in Weymouth, combining high market demand for coastal residential projects with accessible South Auckland price points. Contact us today for more info or to arrange a private viewing!
Listed by Barfoot & Thompson , Raj Kaur (Otahuhu) , Aliza Aiyaz (Otahuhu)