48 Kinross Street, Blockhouse Bay, Auckland City, Auckland

An exceptional opportunity awaits in a sought-after development area, spanning 845m2 and zoned mixed housing suburban.

The existing home is located right towards the end of this section and is currently rented out to great tenants wanting to stay on. The existing dwelling could be left tenanted, while you plan a development of terrace houses in the front part of the section or place relocatable homes on the section or develop the entire site with terrace houses, offering significant development potential. This highly desirable location presents numerous opportunities for creating outstanding homes with promising future prospects. Both sides of the property have already seen new developments take shape, further enhancing its appeal.

Conveniently situated near the Village, top-notch schooling, and public transportation, this 1950s weatherboard home spans two levels, boasting a north-facing orientation. Upstairs features spacious living, dining, and kitchen areas, along with three bedrooms and one bathroom. Downstairs offers an additional bedroom, a rumpus room, and a storage area with another bathroom—ideal for guests, extended family, or home office needs.

Whether you choose to develop immediately or opt for a strategic land-banking approach to enjoy the rental income, this opportunity beckons astute developers, savvy investors, and forward-thinking land bankers seeking future capital appreciation.

Explore your options—this enticing opportunity won't remain on the market for long.

The vendor's circumstances have changed, so submit an offer now, as this property must be sold.

See this listing on Barfoot & Thompson