89 College Hill

Freemans Bay Auckland

612 m²

House

Currently for sale - view listing

Overview

DEVELOPERS, LAND BANKERS, OWNER-OCCUPIERS

Positioned in one of Auckland’s most sought-after city fringe locations, this rare offering presents a prime slice of Ponsonby real estate with exceptional development potential. Zoned Business - Mixed Use and sitting proudly on 612m² of land, this charming villa currently returns a strong holding income of $157,040, offering you flexibility to land bank, develop, or occupy. With a 13m height allowance under the unitary plan to the rooftop, this site is brimming with opportunity. Add to that the city views now and possible sea views at full build height, and the development upside becomes undeniable. Whether you're looking to create a landmark project, secure a strategic landholding, or enjoy the Ponsonby lifestyle with income, this is a must-see. KEY FEATURES: • Prime Ponsonby location, walkable, desirable, and central • Business - Mixed Use zoning provides flexible development potential • 612m² land area • 307m² floor area • $157,040 holding income • On-site car parking • 13m build height to the rooftop • City views and possible sea views from full height Contact the sole agent to request more information or arrange a viewing.