THE PRIVILEGE OF POSITION

The Privilege of Position
Cap.Value $7,390,000
Made up of land value at $6,320,000

Concept drawings are available and kindly provided by Greg Noble Architect to show that a renovation can transform this 1924 landmark property to one of the prettiest homes on Paritai.

Occupying one of the most prominent positions on Paritai Drive with an open, unobstructed view and absolute panorama from the ground floor upwards; this grand old home was constructed in 1924 and is now available on the market for the first time ever since 1968.

It is not merely the incredible views that make for an excellent investment but more importantly the size and location of the 1288 parcel of land. Opportunities abound due of the wide street frontage and the large volume of land at both the front and rear of the property.

Positioned on a gently sloping and greatly elevated section the large double brick home harks back to an old Auckland - a period of elegance and refined sophistication. A grand entry lobby complete with an impressive formal staircase leads left to the full size Billiards Room and right into the dazzling formal reception room. The room, with its feature marble fireplace, elegant curved bay window and ornate plaster ceiling detailing of intertwined roses and sunflowers is a glorious reminder of early 20th century high society living. Both the formal living room and adjoining sun room with large arched windows take in a majestic outlook of Auckland?s sparkling Harbour.

Upstairs the four bedrooms and sun room branch off a large landing. The simply breathtaking view offered from this level grants a vista that takes in all of the CBD, Rangitoto, Devonport, Takapuna, Mt Victoria and beyond.

The property sits directly amongst some of New Zealand's most significant properties in the most high profile street in the country. "Paritai Drive" has long been considered Auckland's premiere and most exclusive street and is home to some of the city's most substantial, impressive and luxurious homes. The location offers the day to day amenities of Coates Avenue, Eastridge shopping centre, Orakei Tennis Club within walking distance and an easy 10 minute waterfront drive to the heart of Auckland's CBD; not to mention the close proximity to Mission Bay, Remuera, Parnell and their associated schools and shopping areas.

A prudent buyer will put their own stamp on the position as the large versatile site offers a variety of possibilities for creating one's own dream home. Alternatively one may choose to restore the stately old solid brick home to its formidable former glory.