Rare opportunity to acquire a premium Ponsonby Villa located in a high-profile position at the 'Three Lamps' end of Ponsonby Road.
This 759sqm (more or less) freehold site offers outstanding Auckland City views and is currently a fully leased investment. While it currently operates as a single medical business, the property previously supported various income streams.
The beautifully landscaped grounds showcase this character villa with wrap-around Victorian verandahs. At the rear find a charming stand-alone cottage with excellent parking, including a double garage currently utilized as office space.
Key Features:
• Premium Location: Tightly held city-fringe commercial precinct minutes from the Auckland CBD.
• Zoning: Business - Town Centre Zone, offering diverse potential for commercial, residential, retail, or healthcare development (subject to council approval).
• Development Potential: Concept drawings are available for a five-level mixed-use development, including parking, retail and commercial spaces, accommodation, including a penthouse apartment.
• Investment Security: Benefit from holding income while exploring future consents to unlock the site's full potential.
This is a standout opportunity to landbank or develop in one of Auckland's most vibrant lifestyle and investment hubs, surrounded by designer boutiques and popular eateries.
Please contact me for further details or to arrange a viewing.
*All agents please note conjunctionals are welcome.
