Auction: 280 Manukau Road, Epsom (Branch Office) on Wednesday 15 April 2026 at 5:30PM (unless sold prior)
PROPOSED DEVELOPMENT - LAND BANK INVESTMENT - DO UP OPPORTUNITY ?
This 1900's Villa on a Freehold site of 534m2 offers multiple opportunities to savvy buyers, in an incomparable city fringe location.
Currently Single House zoned but proposed to change to THAB zone under the Council intensification plan PC120, the property may appeal to future minded developers.
Land bank buyers might await potential land value increases as Newmarket, a bustling metropolitan hub for shopping, entertainment, and transport, continues to thrive. This growth requires increased accommodation as buyers choose to live closer to the city and local amenities.
Investors may want to consider upgrading the house to meet the Healthy Homes standard, as excellent rental income can be obtained in this premium location.
The Villa is currently in fairly standard condition, but it presents a blank canvas Do-Up opportunity for buyers seeking the next value-add project or a future home in a stunning location within the prized Double Grammar school zone, elite private schools, and close to amenities including The Domain, Auckland Hospital and the University.
The Executors of the Estate do not wish to retain the property, instructions are clear that they want it sold ASAP, so attendance at Auction is highly recommended.
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