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This rare opportunity at this central city location offers you this very unique, large 771m² level site with high-end development potential and great rental return while land banking.
Prime location close to Auckland Hospital and Newmarket Centre, walking distance to the Auckland Domain and minutes to Auckland CBD. Also surrounded by many of Auckland's best schools such as Newmarket School, Auckland Grammar and ACG Parnell.
The freehold property currently contains 6 individual flats ranging from 1-3 bedrooms, 6 off-street car parks and 1 lock up garage upgraded in recent years with re-piling. New roof, upgraded ceiling and underfloor insulation. Returning approx. $125.000 annual rental.
Zoned Mixed House Suburban with underground services in front (info took from Auckland Council Geomaps), this is an unique opportunity for development.
For more information and an appointment to view this property, please contact the agent at NAI Harcourts Cooper & Co today.
To view/download property files please visit: https://www.harcourtsfiles.co.nz/listings/RBDJ
Year | Median price | Growth | Sales count |
|---|---|---|---|
2022 | $3,770,000 | 34.9% | 1 |
2021 | $2,795,000 | -23.4% | 2 |
2018 | $3,650,000 | 27% | 4 |
2017 | $2,875,000 | -0.9% | 2 |
2016 | $2,900,000 | -12.1% | 3 |
2015 | $3,300,000 | 94.7% | 1 |
2014 | $1,695,000 | - | 1 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.38 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 23 | - | Council approved | |
 | 0.33 km | 8 | 4 | -m2 | Year 2024 Month 02 Day 01 | $2,700,000 | Council approved | |
0.17 km | 1 | 1 | 51m2 | Year 2024 Month 01 Day 14 | $545,000 | Council approved | ||
0.17 km | 1 | 1 | 47m2 | Year 2023 Month 12 Day 21 | $450,000 | Council approved | ||
 | 0.38 km | 4 | 2 | 0m2 | Year 2023 Month 12 Day 01 | $2,331,500 | Council approved |