Nestled in the heart of the highly sought-after Central Mt Wellington, this expansive 809m2 freehold site presents a world of potential. Whether you're a first-home buyer ready to embrace the iconic Kiwi dream or an astute developer looking for your next project, this affordable property is a golden opportunity.
Tucked away in a desirable street, this home offers a fantastic canvas for those with a vision. While the current home is in need of some modern touches, it's the ideal chance to make your mark or unlock the hidden value of this land. Could this be your chance to build the home you've always dreamed of? Or perhaps develop a series of stunning executive townhouses for impressive future returns?
The home itself features a traditional layout with 3 generously sized bedrooms, separate living, dining, and kitchen areas. There's ample scope to enhance the indoor-outdoor flow, whether you're expanding to the front or rear for effortless entertainment and lifestyle living.
Resource consent was granted in 2018 for a 1-lot subdivision, with an updated scheme plan now available for a 3-lot subdivision. With underground services already on-site, civil design has been simplified, making the development process smoother for you.
Perfectly positioned with easy access to major arterial routes, including SH1, and just moments from public transport. Sylvia Park Shopping Centre, brimming with eateries, entertainment, and shopping, is only a few minutes away, while Ellerslie Village is just 10 minutes up the road!
Zoned for Mixed Housing Suburban, with reliable tenants currently paying $600 per week and eager to stay on, your holding costs are already covered, making this a smart investment.
Whether you're looking to add your personal touch or unlock its full potential for the future, this is one property you won't want to miss.
For auction sales results from Ray White Ellerslie, other sales stats for Mt Wellington and local suburbs, new listings and market news check out www.facebook.com/MtWellingtonRealEstate.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 2 | 1 | -m2 | 2025 02 21 | - | Council approved | |
 | 0.35 km | 3 | 2 | 0m2 | 2025 02 18 | $970,000 | Council approved | |
 | 0.31 km | 2 | 1 | 88m2 | 2025 02 14 | - | Council approved | |
 | 0.14 km | 2 | 1 | -m2 | 2024 11 15 | $730,000 | Council approved | |
 | 0.20 km | 3 | 1 | 110m2 | 2024 09 17 | $955,000 | Council approved |
