Back 1 Marsh Avenue
Off Market

1 Marsh Avenue

Forrest Hill Auckland

6
3
1012 m²
House
EJ PyoEJ Pyo, last sold this property on 12 April 2026 after 25 days on market.

Overview

Triple Income on 1,012m² Flat Freehold Section

Deadline sale: Closes on Thursday 16 April 2026 at 3:00PM (unless sold prior) Development or Blue-Chip Investment Set on a substantial 1,012m² (approx.) flat freehold section, this property presents a rare opportunity combining triple rental income with significant development potential in a highly desirable coastal North Shore location. The property comprises three solid brick two-bedroom flats currently generating $1,685 per week in rental income, providing strong holding income while future plans are considered. Positioned within the Residential Mixed Housing Suburban zone, the wide road frontage and level contour create excellent potential for subdivision, townhouses, multiple dwellings, or a substantial family estate, subject to council approval. Elevated aspects with sea views further enhance the appeal of this impressive landholding. Property Highlights • 1,012m² (approx.) flat freehold land • Three brick two-bedroom flats • Combined rental income of $1,685 per week • Wide road frontage with development potential • Residential Mixed Housing Suburban zoning • Wastewater and stormwater connections on-site or nearby for easy servicing • Sea views and elevated outlook • Ideal land bank with strong holding income Large flat sites of this scale are increasingly rare in this location, making this a compelling opportunity for developers, investors, and land bankers. Located just minutes from Milford Beach, cafés, restaurants, and boutique shopping, the property offers the very best of North Shore coastal living. Easy motorway access and public transport provide convenient commuting, while the property is zoned for highly regarded schools including Westlake Boys’ High School, Westlake Girls’ High School, and Campbells Bay School. The vendor is fully committed to meeting the market and moving forward, presenting a genuine opportunity for buyers to secure a substantial landholding with immediate income and outstanding future potential.

Features

6 bedrooms
3 bathrooms
1012 m² lot size
House

Estimated Value

Based on this property and similar 6 bedroom houses sold in Forrest Hill over the last 12 months, the estimated median property value of 1 Marsh Avenue is $2.55m.

Median value
$2.55m
Estimated value range
$1.62m - $25.55m
Median days on market
27
Estimated value trend
43%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Forrest Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Marsh Avenue

2026
Sold
Undisclosed
Private Sale/Treaty on 12 Apr 2026 by EJ Pyo, of Barfoot & Thompson - Takapuna
2026
Sold
Undisclosed
10 Apr 2026 by Catherine Liu, of Ray White Albany (Ideal Real Estate Ltd)
2021
Sold
$4,010,000
21 Jul 2021 by Nadja Court, of Barfoot & Thompson - Mairangi Bay

Happy sellers in Forrest Hill

78%
78% of sellers in Forrest Hill reported that their sale price either exceeded or met their price expectations.

Forrest Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 96 reviews in Forrest Hill over the last 12 months.

Local market activity for 6 bedroom houses in Forrest Hill

In the last 12 months, 2 six-bedroom houses similar to 1 Marsh Avenue, have been sold.

This represents a 33% decrease in six-bedroom houses sales when compared to the previous 12 months.

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