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43 Morningside Drive, St Lukes, Auckland City, Auckland

Auction12/03, Wednesday 11:00

43 Morningside Drive, St Lukes, Auckland City, Auckland

3

1

110m²

697m²

HouseListed on Mon Feb 10

Mount Albert 3 Bedroom St Lukes: occupy, invest or develop

• Three-bedroom dwelling on a 697sqm (more or less) freehold landholding

• Strategic city-fringe location near St Lukes, Kingsland, Morningside, and the CBD

• Business – Town Centre zoning, allowing for both commercial and residential use or development

• First time on the market in over 60 years – a rare and affordable opportunity

This prime property presents an outstanding opportunity to secure a high-profile site in a tightly held and highly sought-after location. The 697sqm (more or less) underutilised section, zoned Business – Town Centre, offers immediate potential for redevelopment or long-term land banking.

The existing three-bedroom dwelling and garage will appeal to owner-occupiers and add-value investors, with the site's underlying zoning supporting growth, intensification, and long-term capital gains.

With Westfield St Lukes just moments away, excellent public transport links, and seamless access to motorways and the CBD, this location is poised for ongoing demand and upside.

Our vendors are liquidating after six decades of ownership — don’t miss this exceptional opportunity!

Location

Auction

Mar12

Wednesday11:00

Schedule a viewing

Council Data

Last update : 2025 02 19

Improvement value$200,000Increased by 42% from year 2017

Land value$2,000,000Increased by 47% from year 2017

CV(Year 2021 Month 06)$2,200,000Increased by 46% from year 2017

Land area697m²

Floor area110m²

Decade of construction1920

TitleNA416/108

Type of titleFreehold

Legal descriptionLOT 2 DP 8406 697M2

CouncilAuckland - City

Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 8406,696m2

Council rates$5,063.19
2023/2024

ConditionExternal Walls: Average
Roof: Good

ZoningBusiness - Town Centre Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Mt Albert School	0.31 km	Primary	1-6	Government	Co-Educational	EQI: 393	6	Detail
Mt Albert Grammar School	0.90 km	Secondary	9-15	Government	Co-Educational	EQI: 419	7	Detail
Kowhai Intermediate	1.59 km	Secondary	7-8	Government	Co-Educational	EQI: 406	7	Detail
Auckland Girls' Grammar School	3.15 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 488	3	Detail

Property history

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For developers

Unitary plan:Business - Town Centre Zone

Land:697m²

Title:Freehold

Surrounding facilities

Morningside Drive Neighborhood and Surrounding Data
Morningside Drive neighborhood is a sub-region located within Mount Albert city

Suburbs

Data analysis - Mount Albert properties data

Sales count(Last 12 months)

51View

Type: Freehold

Sales median price(Last 12 months)

$1,538,000

Low: $800,000, High: $2,775,000

Rent median price(Last 12 months)

$750

Low: $545, High: $1,100

Mount Albert property trend

Year	Median price	Growth	Sales count
2024	$1,500,000	31.6%	57
2023	$1,140,000	-30.1%	63
2022	$1,630,000	-11.9%	29
2021	$1,850,000	33.3%	59
2020	$1,387,500	44.5%	62
2019	$960,000	-25.3%	81
2018	$1,285,000	4.5%	67
2017	$1,230,000	-5.4%	58
2016	$1,300,000	17.5%	55
2015	$1,106,000	18.9%	65
2014	$930,000	-	73

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
301/26 Morningside Drive, Morningside	0.21 km	1	1	-m²	Year 2024 Month 11 Day 22	-	Council approved
29 Aroha Avenue, Sandringham	0.28 km	3	1	104m²	Year 2024 Month 11 Day 15	-	Council approved
301/26 Morningside Drive, Morningside	0.21 km	1	1	62m²	Year 2024 Month 11 Day 10	$545,000	Council approved
73a Morningside Drive, Mount Albert	0.23 km	3	1	156m²	Year 2024 Month 10 Day 29	$1,250,000	Council approved
5/52 Sainsbury Road, Mount Albert	0.15 km	3	3	-m²	Year 2024 Month 10 Day 02	-	Council approved