232 Lake Road, Hauraki, North Shore

Mortgagee Sale - 779sqm Freehold in Hauraki

Positioned in the highly sought-after suburb of Hauraki, 232 Lake Road presents a compelling opportunity to secure a substantial landholding on Auckland's North Shore. Set on approximately 779sqm of freehold land and zoned Residential - Mixed Housing Urban, the property offers significant potential for homeowners, investors and developers seeking a strategic site in a prime coastal location.

The property currently includes a three-bedroom, two-bathroom home originally constructed in the 1940s, positioned on a largely flat and usable site. The existing dwelling provides immediate functionality while preserving the long-term flexibility of the land.

For developers and land-bank investors, the Mixed Housing Urban zoning allows for increased residential density subject to council approval, creating the potential for a future multi-dwelling development in a location where housing demand continues to grow. The generous land size and practical site characteristics make this address particularly appealing for those considering redevelopment opportunities.

Adding further appeal for investors, the property is currently tenanted until 2027, returning $750 per week, providing holding income while future plans are explored.

Location remains a key strength of the offering. Situated along Lake Road, the property enjoys convenient proximity to Takapuna Beach, Hauraki Corner shops and cafés, and excellent access to Auckland's CBD. The property is also within the zones for well-regarded local schools including Hauraki School, Belmont Intermediate and Takapuna Grammar.

Opportunities combining land size, zoning and location in Hauraki are increasingly rare.