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38,38A,38B Ladies Mile, Remuera, Auckland City

Enduring opportunity - First time in over 40 years

gavel

Auction

Multiple properties
Multiple properties
Bedroom
7
Bathroom
3
Land area
1067m2
Title type
Cross Lease
On this page:

Auction

Wednesday
10:00am
303 Remuera Road, Remuera, Auckland
14
Oct

Open homes

Sunday
2:30pm - 3:00pm
27
Sep

Property details

Listing # 1755639 | Listed on 16 September

Held by the same family for more than four decades, this remarkable Remuera holding presents a rare combination of scale, income and future potential in one of Auckland’s most established and sought-after suburbs.

Spanning approximately 1,067sqm of prime corner land and zoned Mixed Housing Suburban, 38, 38A and 38B Ladies Mile comprise three separate titles with three freestanding homes, offered together in one sale.

Whether your strategy is to invest, develop or secure a substantial landholding for the future, opportunities of this scale and versatility are increasingly difficult to find in Remuera.

For investors: Three existing freestanding homes produce a combined rental income of over $90,000 per annum. Secure a substantial Remuera landholding while benefiting from immediate returns and the potential for long-term capital growth.

For developers: This prominent corner site’s potential is significant - depending on your vision and appetite for intensity and subject to appropriate consents.

For land bankers: Large landholdings of this nature are becoming increasingly scarce in Remuera. This is an opportunity to secure a substantial asset today and hold it for generations to come.

Positioned in an exceptionally convenient pocket of Remuera, the property enjoys easy access to Remuera Village, with its boutique shopping, cafés and restaurants, while Newmarket and key motorway connections are also within convenient reach.

Surrounded by established public schooling and with convenient access to many of Auckland’s leading private schools, including Baradene College, Saint Kentigern Girls’ School, King’s School, St Cuthbert’s College and Diocesan School for Girls.

The future is here - will you seize it? Contact us today.

Disclaimer: Service lines shown are indicative only and are provided for general information purposes. Prospective purchasers should rely on their own investigations and obtain independent advice as to the precise location, condition, and extent of any services.

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