For Sale

320 Glenfield Road, Glenfield, Auckland

Asking Price 1,050,000

4
1
100 m²
900 m²

House

30+ days on the market

Next inspection:
Saturday 9 May 1:30 PM

Inspection times

Saturday

What's around 320 Glenfield Road

Prime Development site or Land Bank

Please enquire to arrange viewing. Perfectly positioned on an elevated 900m² road-frontage site, 320 Glenfield Road presents a compelling opportunity in a highly convenient North Shore location. With a desirable north-west aspect capturing abundant natural light and expansive views, the fundamentals here are exceptionally strong from both a lifestyle and development perspective. Located just moments from Glenfield Mall, transport links, schools including Glenfield College, Glenfield Intermediate and Windy Ridge Primary, while also being minutes from everyday amenities. The convenience of this location will always underpin value, making it an intelligent acquisition for developers, land-bankers or visionary renovators. Zoned Mixed Housing Urban (MHU) under the Auckland Unitary Plan, the 900m² site offers significant development scope. With road frontage, on-site stormwater and wastewater accessible, the property provides practical advantages for those looking to maximise the land. There is potential to construct up to four townhouses without retaining, and up to six with retaining incorporated (subject to council approval). The contour and accessibility of the site along with the exceptional views, privacy and amenities make it a feasible and attractive project. The existing four-bedroom dwelling is in below average condition and requires substantial work. Making it the ideal candidate for removal to complete a development, or you could make it healthy homes compliant and landbank for some time. Alternatively, a savvy home buyer could start a renovation project, giving them a large home in arguably one of the best locations in Glenfield, all while securing their future with this exceptional land holding. The immense opportunity here is undeniable. Whether you choose to develop and fully capitalise on the zoning, undertake a renovation, or secure the site as a strategic land bank, the combination of elevation, location, aspect, road frontage and zoning creates genuine potential to add significant value or capitalise on capital gains. Our overseas client has other projects overseas that require funding; therefore he MUST sell this prime asset. Forcing him to hand over this opportunity offering scale, location and development flexibility in an established area which are increasingly rare. For astute buyers who understand the power of position and zoning, 320 Glenfield Road represents a chance to unlock the full potential of a substantial North Shore landholding.

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