Auction: 50 Picton Street, Howick (Branch Office) on Monday 9 March 2026 at 2:00PM (unless sold prior)
An offer has been made on this property and it is now selling in a Pre-Auction Auction commencing at 2pm on 9th March 2026 at 50 Picton Street Howick (Howick Branch). The opening bid will be the reserve and it will be on the market and selling.
Legal home & income opposite BBI
Directly opposite Bucklands Beach Intermediate, this 607m² more or less freehold property sits in one of East Auckland’s most tightly held and highly prized school zones. Opportunities in this position are rarely released, especially when they offer both legal income and genuine long term upside.
The property is configured as a true legal home and income, delivering a strong dual rental return of over $1,300 per week. The main residence offers three generous bedrooms, modern open plan living and seamless flow to a sunny deck and spacious backyard, while the legal minor dwelling provides two bedrooms and comfortable independent living. Whether you choose to hold, invest or accommodate extended family, the flexibility here is immediate and practical.
Zoned for Macleans Primary School, Bucklands Beach Intermediate and Macleans College, the location alone underpins long term value. Being directly across the road from BBI provides unmatched day to day convenience, making school access effortless and highly attractive for families within zone. Families move into this pocket specifically for the schooling, and that demand has remained consistent across cycles.
Beyond schooling, the lifestyle is equally compelling. You are moments from Eastern Beach and Bucklands Beach, close to Half Moon Bay Marina with ferry access to the CBD, near Howick Village and Lloyd Elsmore Park leisure facilities, and conveniently located near New Zealand’s largest Pak’nSave at Highland Park. Coastal living, strong schooling and daily convenience all come together here.
From a development perspective, the site benefits from stormwater on site and wastewater located at the rear with an existing 100mm line servicing the property. In addition, the site enjoys independent driveway access on both sides, enhancing site flexibility and future development potential. Based on local design experience, the current infrastructure configuration may support redevelopment into two substantial standalone dwellings, subject to council approval and purchaser due diligence. On a site of this size, two well proportioned homes would align well with buyer demand in the Macleans College zone.
Freehold land. Legal income. Opposite BBI. Genuine two dwelling upside.
For further information or to arrange a private viewing, contact the listing agents today.
