For the first time in three decades, a rare opportunity presents itself to secure a substantial freehold landholding in one of Auckland's most coveted suburbs. Poised on a commanding 1,160 sqm site, 16 Patey Street is not just a home; it is a blank canvas for the discerning developer or visionary end-user.
Offered to the market as the owner embarks on their next chapter after 30 dedicated years, this property represents a legacy sale. The current 211 sqm (approx.) dwelling, while providing immediate comfort or interim rental income, merely hints at the potential beneath.
The Developer's Advantage:
This site is zoned Residential - Terrace Housing and Apartment Buildings (THAB) under the Auckland Unitary Plan. This designation unlocks significant development capacity, allowing for high-intensity residential development in a location where such opportunities are scarce and highly prized. Whether your vision is for luxury terraced homes or a boutique apartment development, this site offers the scale and zoning to bring it to life.
The Prestige of Location:
Education: Secured within the coveted Double Grammar Zone (Auckland Grammar and Epsom Girls Grammar), ensuring enduring appeal for families.
Lifestyle: Situated in the heart of Remuera, you are just moments from the village's boutique shopping, renowned cafes, and fine dining. Everyday essentials, including supermarkets, are just a short stroll away.
Connectivity: Enjoy unparalleled convenience with easy access to public transport, train stations, and motorway arteries, connecting you to the CBD and beyond in minutes.
Why Wait?
The stars are aligning for well-capitalised developers to re-enter the market. This is your chance to secure a substantial 1,160 sqm site in a blue-chip suburb, backed by premium zoning and a location that ticks every box. The owner's long tenure is your gain.
Seize this legacy address and build the future. Contact us for further details today.