Here's a rare and exciting opportunity to secure a pancake-flat parcel of development zoned land in a prime Remuera double Grammar zone location near Ascot Hospital, Medical Mile, Train station, local shops, Motorway off-ramps and Ellerslie Racecourse.
Zoned for redevelopment under the Auckland Unitary Plan for Residential - Terrace Housing and Apartment Buildings (THAB). Building height to 16 metres (STCA).
Grab this short window of opportunity to secure a unique DGZ land holding. Develop immediately OR hold and earn income while you wait for potential capital gain. Want to create more affordable accommodation for Aucklanders? Consider the upside of this a once-in-a-lifetime opportunity.
- Land: 748sqm (more or less).
- House: Fully renovated, 5 bedrooms, 2 bathrooms, double garage, multiple off-street parking, currently short-term tenanted.
- CV (2021): $3,150,000
- Schools: AGS, EGGS, Remuera Primary & Intermediate.
Email steve.koerber@bayleys.co.nz for an information pack.
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