There are many reasons why securing this 701sqm (more or less) freehold site in Remuera is a great idea, but the most compelling reason is the potential it has for an astute purchaser looking to build their next home (or homes). The development potential at 197 Abbotts Way is so obvious it almost doesn't need explaining.
The location is superbly positioned on the edge of the Remuera Village, Ellerslie Village & the Lunn Ave Shopping Precinct. Motorway access is a breeze heading up towards the Greenlane onramps and you are in the front row seats for the popular Waiatarua Reserve and the Remuera Golf Course.
Zoned for Mixed Housing Suburban and with potential for greater intensification in the future, land bankers & investors should too consider the prime piece of real estate with an eye to develop down the line.
Street frontage makes it easy. Accessible stormwater & wastewater makes it even easier.
Don't delay your inspection of this prime Remuera opportunity.
Land value: $1,850,000 (2021).
Agent Conjunctionals Welcome.
Ben Ryken | 021 179 8914 | #TrustTheProcess
assignmentLooking for more information on 197 Abbotts Way?
Explore comparables, sales history and growth for this property.