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Mt Albert Invest or Develop

29 Lloyd Avenue, Mount Albert

Investment Opportunities
dollar

Deadline Sale

Floor area
397m2
Land area
999m2
Title type
Freehold
On this page:

Deadline sale

Tuesday
4:00pm
28
Oct

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Property details

Listing # 1699940 | Listed on 22 September
  • 999sqm (more or less) freehold site with ~23m of frontage
  • Zoned Terrace Housing and Apartment Buildings (THAB)
  • Four self-contained flats returning approximately $110,760pa
  • Elevated site with potential inner harbour and city skyline views
  • Strategic location within walking distance of Mt Albert Village and Train Station

29 Lloyd Avenue presents a well-shaped, elevated site in one of Auckland’s most
sought-after growth suburbs. Intensive THAB zoning, a strategic position close to
transport links, and the potential benefits of the National Policy Statement for
Urban Development combine to create a truly compelling development
opportunity.

The property currently comprises four flats across two dwellings, providing a strong
holding income of approximately $110,760pa while you progress redevelopment
plans or retain as a long-term investment.

Available for the first time in over 50 years - Opportunities combining income with
large-scale development potential are rare, secure this before it’s gone.

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