Listing #:2149612310
PRIME PARNELL DEVELOPMENT SITE OR DREAM HOME?
| Location: | 460 Parnell Road, Parnell, Auckland City, Auckland |
|---|---|
| Property type: | Section |
| Land area: | 708m2 |
| Price: | Price by negotiation |
Development sites rarely come along in prime locations such as Parnell. Sites where the hard work has already been done are even rarer.
But 460 Parnell Rd offers a 708m2 (more or less) flat site with wide road frontage, in one of Auckland's most elite suburbs. The existing units have been cleared to make way for an astute buyer who will recognise the value of 'Terrace Housing and Apartment Building' (THAB) zoned land and, at the same time, realise the potential to make a serious capital gain.
The options are plentiful:
- Create a dream home - or two - for high end family buyers
- Explore the potential for an apartment complex of 6 stories, with multi-million dollar views from the upper floors
- Continue with developing the already-consented 5 luxury homes
This third choice carries with it the huge advantage of knowing the plans have been drawn up, the resource consents have been granted, and a significant amount of the ground preparation has been done - all at a substantial cost to the present owners.
The consents are for three terraced homes at the front of the section, each with 3 bedrooms and internal access single garage, two stand-alone homes behind, with 4 bedrooms and double internal access garage.
Each home would be built over three levels, with water views to the West from the top floor, and views over the domain to the East.
But whatever you decide, this location is hard to beat. You're in Double Grammar Zone, with Parnell School, Auckland Grammar and Epsom Girls Grammar all within walking distance. One of the country's premier shopping districts is down the road in Newmarket, and Parnell Rise just 200 metres in the other direction, with its plentiful bars, cafes and restaurants. The city centre's just a few minutes' drive away - maybe even quicker if you catch one of the regular buses that go past the property.
It's not ofte...
See interactive features for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
Agency reference #: 864645
But 460 Parnell Rd offers a 708m2 (more or less) flat site with wide road frontage, in one of Auckland's most elite suburbs. The existing units have been cleared to make way for an astute buyer who will recognise the value of 'Terrace Housing and Apartment Building' (THAB) zoned land and, at the same time, realise the potential to make a serious capital gain.
The options are plentiful:
- Create a dream home - or two - for high end family buyers
- Explore the potential for an apartment complex of 6 stories, with multi-million dollar views from the upper floors
- Continue with developing the already-consented 5 luxury homes
This third choice carries with it the huge advantage of knowing the plans have been drawn up, the resource consents have been granted, and a significant amount of the ground preparation has been done - all at a substantial cost to the present owners.
The consents are for three terraced homes at the front of the section, each with 3 bedrooms and internal access single garage, two stand-alone homes behind, with 4 bedrooms and double internal access garage.
Each home would be built over three levels, with water views to the West from the top floor, and views over the domain to the East.
But whatever you decide, this location is hard to beat. You're in Double Grammar Zone, with Parnell School, Auckland Grammar and Epsom Girls Grammar all within walking distance. One of the country's premier shopping districts is down the road in Newmarket, and Parnell Rise just 200 metres in the other direction, with its plentiful bars, cafes and restaurants. The city centre's just a few minutes' drive away - maybe even quicker if you catch one of the regular buses that go past the property.
It's not ofte...
See interactive features for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
Agency reference #: 864645
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Rateable value (RV) information
The rateable value (RV) of a property is the value set by councils and local authorities for the purpose of charging rates. We display the most recent RV information we’ve received. The RV is not necessarily representative of the market value of the property.
The rateable value (RV) of a property is the value set by councils and local authorities for the purpose of charging rates. We display the most recent RV information we’ve received. The RV is not necessarily representative of the market value of the property.
While we've done our best to correctly map schools in this location, school zone information may not be exact,
so please double check with the school. Read our Maps in Property help page for further information.
so please double check with the school. Read our Maps in Property help page for further information.
Price by negotiation
460 Parnell Road, Parnell, Auckland City, Auckland
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While we've done our best to correctly list schools in this location, school zone information may not be exact,
so please double check with the school. Read our Maps in Property help page for further information.
Property buyer's checklist
Price by negotiation
Listed: Sat 8 Jun, 4:57 am
Rawdon Christie
Barfoot & Thompson
-
Contact details
- (027) 4592951
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Advertiser's details
Rawdon Christie
Barfoot & Thompson
- (027) 4592951
Livia Li
- (09) 3778810
- (027) 5609668
Expires: Wed 30 Apr, 4:57 am
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