Auction: Unit 5, 40 Stonefields Ave, Stonefields (Branch Office) on Thursday 2 October 2025 at 4:00PM (unless sold prior)

This 1920s character bungalow, nestled in a quiet cul-de-sac in Ellerslie, presents an exceptional opportunity for a wide range of purchasers. Sitting on a 1009m² (more or less) section and zoned for Mixed Housing Urban, this property offers immense potential for subdivision and development, subject to council approval. It's an "uncut diamond" perfect for land bankers looking to secure their future or developers seeking their next project.

The single-level home retains its classic charm with solid construction. It features a spacious living area with bay windows and a family area, with the potential to reveal wooden floors under the carpet. The generous kitchen, complete with ample cupboards and a stainless steel bench, leads to a sun porch overlooking the family garden. The property also includes a freestanding garage with a rear workshop and plentiful onsite parking.

The unique floor plan offers a very large master bedroom with generous wardrobes, ideal for reconfiguration by a clever architect, and a spacious second bedroom adjacent to the bathroom and single WC.

It's highly desirable location is close to Ellerslie village's shops, cafes, restaurants, and various transport options. It provides easy motorway access and is in proximity to Cornwall Park. The home is zoned for Ellerslie School, with St Mary's Primary a short walk away, and One Tree Hill College nearby. Tsi Ming Temple is also conveniently close.

This property is truly packed with potential and will appeal to families, those seeking multi-generational living, investors, land bankers, and builders/developers alike. I highly encourage an early viewing to fully appreciate its charm and prime location.