Auction: 8-12 The Promenade, Takapuna on Wednesday 27 May 2026 at 9:30AM (unless sold prior)
657m² (more or less) Mixed Housing Urban Zone with Services Onsite.
Positioned on an elevated freehold site in the heart of Totara Vale, this versatile home and income property presents a “value-add” opportunity for investors, developers, builders or savvy homeowners seeking strong returns and future upside.
Offering a total of 5 bedrooms and 2 bathrooms, the home is thoughtfully configured across two self-contained levels:
Upstairs features 3 well-proportioned bedrooms, 1 bathroom, and a spacious lounge that flows seamlessly onto a generous deck—perfect for relaxing or entertaining while enjoying the elevated outlook and neighbourhood views.
Downstairs provides 2 additional bedrooms, 1 bathroom, and a large open-plan kitchen and living area, ideal for extended family, guests, or as a separate rental stream.
With two legal kitchens, separate electricity and water meters, this is a true legal home and income delivering immediate cashflow.
Set on a 657m² (more or less) elevated freehold site under Mixed Housing Urban zoning, this property offers exciting possibilities—whether you choose to live in, renovate, landbank, or explore redevelopment options to maximise returns.
Additional highlights include:
• Ample Off-street parking
• Elevated position with attractive outlook
• Walking distance to local shops, schools, and reserves, with the added convenience of a café, dairy, and liquor store just two doors away
• Stormwater and wastewater connections onsite for future development
• Flexible living: live upstairs and rent downstairs to offset your mortgage
Conveniently located near Wairau Valley and Constellation Drive, with easy access to public transport and key amenities, this central address ensures strong tenant appeal and long-term growth potential.
Whether you're looking to add value, increase yield, or the next major transformation to create your dream project, this property is packed with opportunity.
