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57 Green Lane East, Remuera, Auckland City

THAB Development Upside DGZ

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Auction

House
House
Bedroom
5
Bathroom
2
Floor area
176m2
Land area
748m2
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Property details

Listing # RMU31138 | Listed on 13 April 2022

Here's a rare and exciting opportunity to secure a pancake-flat parcel of development zoned land in a prime Remuera double Grammar zone location near Motorway off-ramps, Ascot Hospital, Medical Mile, Train station, local shops and Ellerslie Racecourse.

Zoned for redevelopment under the Auckland Unitary Plan for Residential - Terrace Housing and Apartment Buildings (THAB). Building height to 16 metres (STCA).

Develop immediately OR hold for possible capital gain. Imagine the possibilities if you were able to amalgamate with the neighbours. Grab this short window of opportunity to secure a unique DGZ land holding.

If your future vision is to help create more affordable accommodation for Aucklanders, investigate the upside of this is a once-in-a-lifetime opportunity.

Land: 748sqm (more or less).

House: Fully renovated, 5 bedrooms, 2 bathrooms, double garage, multiple off-street parking, currently tenanted.

CV (2017): $2,225,000.

Schools: AGS, EGGS, Remuera Primary & Intermediate.

Note: This property can be purchased prior to auction, so register your interest early to avoid disappointment. Email steve.koerber@raywhite.com for an information pack.

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Additional features

Other park
2 other parks
Rates
Rates: $5,301.94 per annum
Lot Features: Close to school; Close to shops; Close to public transport
Heating/Cooling: Air Conditioning
Services: Security alarm

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