SOLD at auction for $895,000. 4 people bidding. 10/6/26
SOLD by Douglas Melville, 021 702 500
Deceased Estate - WILL BE SOLD - Reserve Below $875,000
Offered to the market for the first time in nearly four decades, 16 Peretao Rise is a property with a rich history and a massive future. Designed and built by the owners in 1987, this home served as a cherished family sanctuary for 39 happy years. Now, as a deceased estate, the instructions are absolute: this property must be sold.
For the visionary buyer, this is a transparent, "eyes-wide-open" opportunity to secure a prime piece of real estate in a blue-chip location.
The Project: Transparency & Potential
We are making it easy for your due diligence. A full building inspection report is available, along with cost estimates for the required maintenance and remedial work.
• The Opportunity: Capitalise on the need for remedial work to add significant value.
• The Blueprint: A spacious, single-level 1980s floorplan that remains highly functional and desirable.
• The Land: A flat, freehold section in a quiet cul-de-sac-the ultimate canvas for recladders, renovators, flippers, or developers.
The Foundations of Value
The owners chose this site in 1987 for its peace and position, and those fundamentals haven't changed:
• Quiet Cul-de-sac: Tucked away from the noise, providing a safe and serene environment.
• Adjacent to Reserve: Enjoy the privacy and "borrowed" greenery of the large reserve right next door.
• Prime Proximity: A short stroll to the Auckland Botanic Gardens and the adventure trails of Totara Park.
• Modern Conveniences: Double internal access garaging and easy motorway access.
Calling All Visionaries
Whether you are a recladder looking for your next high-margin project, a renovator ready to modernise a classic, or a developer seeking a flat site in a prestigious suburb, the upside here is undeniable.
After 39 years of single-family ownership, the keys are ready to be handed over. The estate is committed to a sale-bring your tools, your architect, and your bidding hand.
Auction 10 June, 12pm (unless sold prior). Ray White Remuera, 411 Remuera Road.
Open homes as advertised and viewing by appointment
Contact Douglas 021 702 500
I work with all real estate agents, from all real estate companies, call me now.
Deceased estate - WILL BE SOLD - Reserve Below $875,000
