495 East Coast Road, Murrays Bay, Auckland

For Sale

495 East Coast Road, Murrays Bay, Auckland

Price By Negotiation

316 m²

690 m²

House

•

2 days on the market

What's around 495 East Coast Road

Sea Views | Rangitoto Zone| Strategic Opportunity

Situated in one of the North Shore's most desirable coastal suburbs, this elevated 690sqm (more or less) freehold site presents an outstanding opportunity for developers, investors and land bankers. The existing home offers generous accommodation with approximately 316sqm of floor area, comprising three bedrooms, one study and two bathrooms and a double internal-access garage. While the home is comfortable to occupy or hold as an investment, the true value lies in the land and its future potential. Positioned to capture stunning sea views and zoned for Rangitoto College, Murrays Bay Intermediate and Murrays Bay School, this property enjoys an exceptional combination of location, lifestyle and future upside. For purchasers seeking a larger-scale development opportunity, the neighbouring property at 495A East Coast Road(101 Penguin Drive) is also available. Together, the two properties provide a combined landholding of approximately 1,568sqm (more or less). Existing wastewater and stormwater infrastructure is available on site, providing a significant advantage for future development (subject to Council approval). The vendor is flexible with the settlement date, providing purchasers additional flexibility for planning, due diligence and project timing. Property Highlights • Elevated position with spectacular sea views • Rangitoto College, Murrays Bay Intermediate & Murrays Bay School zones • Opportunity to purchase together with neighbouring 495A East Coast Road(101 Penguin Drive) • Combined landholding of approximately 1,568sqm (more or less) • Wastewater and stormwater infrastructure available on site (subject to purchaser's own due diligence) • Flexible settlement available • Future development potential (subject to Council approval) Talk to Harper or Ray today for more information.