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3/26 Wallace Street, Herne Bay, Auckland City, Auckland, 3 Bedrooms, 3 Bathrooms, Townhouse

Auction02/04, Wednesday 14:00

3/26 Wallace Street, Herne Bay, Auckland City, Auckland

3
3
2
TownhouseListed on Tue Mar 4

Herne Bay 3 Bedroom Potential packed for the experienced

Welcome to 3/26 Wallace Street, Herne Bay

Experienced buyers only please — this property will be sold ‘as is, where is’.

This home is an incredible opportunity to bring back to life. One of the best rebuild projects we have seen, it is not for the uninitiated or inexperienced — but for those with vision, it’s an amazing diamond waiting to be polished.

Located in New Zealand’s most prestigious suburb, the home boasts a generous floor plan, stunning water views, and a peaceful outlook—features you wouldn’t want to change. Just a short walk from the fantastic cafés and shopping on Jervois Road, with convenient motorway access nearby, this location is unbeatable.

The bones of the home are exposed. Flooring has been partially removed, and the kitchen is gone — ready for a fresh start for those ready to seize the opportunity. Step inside and be wowed by the impressive 4.3-metre-high vaulted ceilings. The expansive north-facing stacker doors and windows fill the space with natural light and seamlessly connect indoor and outdoor entertaining areas.

A double internal-access garage sits below the mezzanine floor, enhancing the sense of openness, with internal glass-balustraded stairs adding a modern touch.

Don’t forget your work boots. Bring your trusted advisers and take this home to the next level. This property is to be sold at auction — register now before someone else claims the best opportunity in Herne Bay!

Location

Auction

Apr02
Wednesday14:00

Open homes

Mar08
Saturday12:00 - 12:30
Mar09
Sunday12:00 - 12:30

Council Data

Last update : 2025 03 05
Improvement value$525,000Increased by 16% from year 2017
Land value$2,275,000Increased by 40% from year 2017
CV(Year 2021 Month 06)$2,800,000Increased by 34% from year 2017
DeckYes
View typeFocal Point Of view - Water
ContourLevel
Floor area223m²
Decade of construction1988
TitleNA68D/215
Type of titleCross-Lease
Legal descriptionFLAT 3 DP 119647
CouncilAuckland - City
Estate descriptionFSIM,1/8,LOT 1 DEPOSITED PLAN 119647,3389m2
Council rates$6,192.68
2023/2024
ConditionExternal Walls: Average
Roof: Average
ZoningResidential - Mixed Housing Suburban Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Bayfield School
0.41 km
Primary
1-6
Government
Co-Educational
EQI: 355
10
Ponsonby Intermediate
0.73 km
Secondary
7-8
Government
Co-Educational
EQI: 381
9
Auckland Girls' Grammar School
2.31 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 488
3
Western Springs College-Ngā Puna o Waiōrea
2.40 km
Secondary
9-15
Government
Co-Educational
EQI: 416
8

Property history

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For developers

Unitary plan:Residential - Mixed Housing Suburban Zone
Land:-
Title:Cross-Lease

Surrounding facilities

Wallace Street Neighborhood and Surrounding Data

Suburbs

Data analysis - Herne Bay properties data
Herne Bay property trend
Year
Median price
Growth
Sales count
2024
$2,800,000
52.2%
5
2023
$1,840,000
8.2%
6
2022
$1,700,000
-27.5%
5
2021
$2,345,000
25.2%
4
2020
$1,872,850
10.5%
4
2019
$1,695,000
-16.5%
5
2018
$2,030,000
-7.8%
4
2017
$2,202,500
51.4%
4
2016
$1,455,000
34.6%
6
2015
$1,081,000
-3.9%
6
2014
$1,125,000
-
8

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/9 Clifton Road, Herne Bay
0.30 km
3
2
143m2
Year 2025 Month 02 Day 18
-
Council approved
6 Kelmarna Avenue, Herne Bay
0.27 km
5
2
120m2
Year 2025 Month 01 Day 30
-
Council approved
18 Sentinel Road, Herne Bay
0.22 km
2
1
81m2
Year 2025 Month 01 Day 11
$2,187,500
Council approved
2/7 Sentinel Road, Herne Bay
0.27 km
4
2
182m2
Year 2024 Month 10 Day 03
$2,430,000
Council approved
6/151 Jervois Road, Herne Bay
0.30 km
2
1
133m2
Year 2024 Month 09 Day 11
$1,335,000
Council approved

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Ref:1672544Last update:2025-03-05 15:01:31