Auction: 8-12 The Promenade, Takapuna on Thursday 9 October 2025 at 10:00AM (unless sold prior)
Rare Freehold Opportunity including consented minor dwelling in Central North Shore – Huge Potential for Development and Income.
This spacious freehold property offers incredible potential for both immediate rental income and long-term capital growth. With a generous land size of 914m2 (more or less) and a sought-after Mixed Housing Suburban Zoning, the possibilities are endless for renovation, redevelopment, and adding additional value. This is the dream project for DIYers.
This impressive property offers versatility and strong rental returns. Upstairs comprises 4 spacious bedrooms and 2 bathrooms, with excellent potential to reconfigure one bathroom into a private ensuite. The residence is currently tenanted, providing immediate income. Downstairs features 2 additional bedrooms, 1 bathroom, and a generously sized office space, ideal for additional income, extended family, guests, or work-from-home needs.
Together, the property generates over $60,000 per annum in rental income, making it a fantastic investment opportunity.
Add to this a large double garage, ample off-street parking, and a prime location just moments from North Shore's best amenities, schools, and transport links.
This property comes with a consented minor dwelling, offering the opportunity for dual income or multi-generational living. Massive do-up potential—renovate and enhance the existing spaces, or explore options for redevelopment to maximize your return on investment.
Whether you're an investor looking to increase rental yield, a developer seeking a profitable project, or a homeowner with vision, this property ticks all the boxes. Don’t miss out on this fantastic opportunity to add value and unlock future returns.
For more details or to arrange a viewing, contact us today!
- Location: Central North Shore
- Bedrooms: 4 + 2 + Study
- Bathrooms: 2 + 1
- Garaging: Large Double Garage
- Land Area: 914m2 (more or less)
- Zoning: Mixed Housing Suburban
