Back 46 Walters Road
Off Market

46 Walters Road

Mount Wellington Auckland

3
2
1
110 m²
688 m²
House
Charlie FanCharlie Fan, last sold this property on 05 February 2026 after 23 days on market.

Overview

Develop, Do-Up or Land-Bank

All Agencies Welcome - Bring your Buyers! 46 Walters Road offers a rare dual-opportunity in one of Auckland's fastest-evolving suburbs-whether you're a developer seeking your next project, an investor land-banking for the future, or a hands-on buyer looking for a rewarding do-up with strong upside. Zoned Terrace Housing and Apartment Buildings (THAB), this full site provides exceptional development flexibility (subject to council approval). At the same time, the existing dwelling presents an immediate value-add option for renovators or first-home buyers wanting to enter a high-growth area and add equity through refurbishment. Surrounded by new builds and future development projects, this property sits at the heart of Mt Wellington South's ongoing transformation-an area underpinned by infrastructure upgrades, urban renewal, and sustained demand. Key Features • Full section in a high-growth urban zone • THAB zoning enabling maximum density and height potential (subject to council consent) • Existing dwelling with do-up / value-add potential • Suitable for development, land-banking, or renovation • Located among established and upcoming development projects • Strong long-term upside driven by area regeneration and intensification Location Advantages • Minutes to Sylvia Park - New Zealand's premier retail and transport hub • Excellent connectivity via train services and major motorway links north, south, and east • Close to schools, shops, public transport, and everyday amenities • Strategically positioned within a rapidly improving suburb A Genuine Must-Sell Opportunity The vendors are clear-this property must be sold at auction. Opportunities offering both THAB development potential and immediate do-up value in such a strategic location are increasingly scarce. Develop now, renovate and hold, or secure a premium land-banking site for the future - 46 Walters Road gives you options. Documents Link: https://vltre.co/1udSGF

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
110 m² floor area
688 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Wellington over the last 12 months, the estimated median property value of 46 Walters Road is $901k.

Median value
$901k
Estimated value range
$606.5k - $1.8m
Median days on market
31
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mount Wellington. 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 46 Walters Road

2026
Sold
Undisclosed
05 Feb 2026 by Charlie Fan, of Wallace Real Estate Ltd

Happy sellers in Mount Wellington

73%
73% of sellers in Mount Wellington reported that their sale price either exceeded or met their price expectations.

Mount Wellington stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 207 reviews in Mount Wellington over the last 12 months.

Local market activity for 3 bedroom houses in Mount Wellington

In the last 12 months, 142 three-bedroom houses similar to 46 Walters Road, have been sold.

This represents a 28% decrease in three-bedroom houses sales when compared to the previous 12 months.

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