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Tender: Closes on Thursday 27 June 2024 at 4:00PM (unless sold prior)
An awesome investment or development opportunity.
A superbly oriented north facing 809m² corner property only a few minutes walk to the beach and village. Surrounded by multi-million-dollar homes in a quiet, beautiful tree lined street, one of St Heliers best, this prestigious and highly sought-after location has been in the same family for 90 years.
The solid, mostly brick and cedar 1960s architecturally designed block of 4 units has a cool retro vibe. There are 3 x 2 bedroom units (each 66m²) and a large 2-storey 4 bedroom unit (138m²) on the corner. Each unit has its own terrace, a private outdoor area to the rear, carport and storage locker.
Zoned Mixed Housing Urban, this relatively flat corner site offers potential to maximise the location by going up to 3 levels. All the units face sunny north with full street frontage and catch a mixture of Rangitoto, harbour and elevated neighbourhood views.
Potential to rent the units to earn an income while you consider your development consents and plans.
All the units are on separate cross-lease titles. The whole block is being offered for sale, giving the prospective purchaser the opportunity to be the sole owner of all of the cross-leases (potential to freehold subject to due diligence).
If you seek an exceptional, rarely available opportunity for investment or development in a premium St Heliers location, you’ve found it. Don’t delay.
Viewing by appointment.