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High-Profile Mt Wellington Development Opportunity

283 Penrose Road, Mount Wellington

Investment Opportunities
dollar

Tender

Floor area
157m2
Land area
1179m2
Title type
Freehold
On this page:

Tender

Wednesday
4:00pm
25
Feb

Map

Property details

Listing # 16910508 | Listed on 27 January
  • 1,179sqm (more or less) elevated freehold corner site with over 70 metres of frontage
  • Development-Intensive Terrace House and Apartment Building zoning
  • Proposed Plan Change 120 allows up to 34.5m building height
  • Strategically located with excellent access to motorways, Sylvia Park, and IKEA
  • Ideal for developers, land bankers, or owner occupiers seeking a high calibre site

283 Penrose Road, Mt Wellington presents a prominent freehold corner landholding in one of Auckland’s most accessible and amenity-rich precincts. The elevated site offers excellent visibility, significant frontage, and flexible development potential under current and proposed planning frameworks.

Situated within a thriving mixed-use area, the property enjoys strong exposure, proximity to major retail hubs, and immediate motorway connections, making it highly attractive for medium-density residential or mixed-use development.

This offering represents a compelling opportunity for developers or owner occupiers to secure a substantial freehold site with future upside in a tightly held precinct.

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