Development Opportunity with Holding Income & Future Upside!
THAB Zoned – Terrace Housing & Apartment Building Zone.
Held by the same family for over 70 years and now offered to the market.
Whether you're a developer seeking your next project or a builder looking for a property with immediate potential and long-term upside, this elevated site presents a rare opportunity in one of West Auckland's most sought-after growth locations.
Positioned on an elevated, sunny, north-facing site, the property enjoys a notably private outlook framed by mature trees and established vegetation. While a small portion of the front corner of the site is affected by floodplain and overland flow path mapping, the impact on this property is relatively limited compared with adjoining land to the north-west, where the mapped constraints are more significant. This provides an advantage often not found in development-zoned locations, helping preserve the property's open, leafy aspect and sense of separation from neighbouring sites. With some selective pruning and landscaping, the outlook could be enhanced even further, creating an appealing balance of development potential and established privacy.
For developers, the site's Terrace Housing & Apartment Building zoning offers significant future development potential. Existing planning advice indicates the possibility for a substantial apartment development (subject to council approval and your own investigations). A full feasibility report is available.
For builders, renovators or land-bank investors, the existing home provides an excellent opportunity to add value now while securing the site's future potential. Constructed in the solid, dependable style of the 1950s, the brick and tile home features native hardwood flooring beneath the current floor coverings, offering the perfect foundation for refurbishment and modernisation.
The home currently offers:
- 2 bedrooms plus a sunroom that could easily serve as a child's bedroom, home office or nursery
- Modernised kitchen and bathroom
- Comfortable living as-is with scope to extend or enhance
- Separate studio/workshop ideal for contractors, storage or hobby space
- Elevated, sunny position with excellent privacy
Located just minutes from New Lynn's transport hub, shopping centre, cafes and amenities, this is a property that offers immediate usability while positioning you to capitalise on the area's ongoing growth and development.
Develop now, renovate and hold, or land-bank for the future – opportunities with this level of flexibility are becoming increasingly scarce.
Contact us today to explore the potential of this unique offering.
* All information has been sourced from third parties and is believed to be reliable, however we cannot guarantee its accuracy. Buyers are advised to carry out their own due diligence. Some images have been digitally enhanced for presentation purposes including sky and lawn presentation. Prospective purchasers are encouraged to inspect the property and satisfy themselves as to all aspects.
