An exceptional land banking and development opportunity in the heart of Stanmore Bay.

Located on the main Whangaparaoa Road, 615 & 617 Whangaparaoa Road are offered together as a prime development site with approved Resource Consent for 30 terraced townhouses, providing certainty and a significant head start for developers and investors.

Key Highlights:
Approved RC for 30 Terraced Houses - save time, reduce planning risk, and move straight to construction

Combined land area approx. 3,300m²

Two titles sold together

Main road frontage - excellent accessibility, visibility, and long-term appeal

Holding income approx. $39,000 + GST per annum from existing commercial tenancies

Zoned for future growth with strong residential demand in the Whangaparaoa Peninsula

Why this opportunity stands out:
Time value advantage - RC already in place

Lower land banking cost with holding income

Flexible exit options - land bank, develop, or on-sell with consent uplift

Strong demand for new housing in a tightly held coastal suburb

The market value of this property is driven by its development potential, not current rental return - making it an ideal acquisition for experienced developers or investors seeking future upside.

Contact us today for full RC documentation and further details.