Set on a substantial 637m² freehold site in the sought-after Business Mixed Use Zone, 1 Louvain Avenue, Mount Roskill presents an outstanding opportunity for developers, investors, land bankers, and owner-occupiers seeking both development potential and commercial possibilities.
The existing two-level home comprises three bedrooms, one bathroom, living area, kitchen, and storage downstairs, with two bedrooms and one bathroom upstairs. While the current dwelling offers renovation potential, the true value lies in the land, zoning, and the wide range of future options available.
With resource consent approved for seven units, this is a compelling opportunity to secure a site with serious upside. Just as importantly, the Business, Mixed Use zoning opens the door to a variety of potential uses, including commercial, residential, or a combination of both, subject to the relevant approvals. This flexibility adds another layer of value for buyers looking to maximise returns in a high-demand urban location.
The property benefits from excellent exposure to a thriving surrounding area filled with restaurants, supermarkets, retail, and essential services. The location also offers convenient access to IKEA and Sylvia Park Shopping Centre, making it even more attractive for future residential or commercial use.
This is more than just a do-up project, it is a landholding with significant development and commercial potential in a rapidly evolving city-fringe location. Opportunities with this kind of zoning flexibility and consented potential are increasingly rare.