SOLD UNDER THE HAMMER BY MATT & LAUREN FOR $4,050,000 with 6 Registered Bidders.

Available for the first time in nearly 60 years, this magnificent residential holding creates a rare and significant opportunity for developers and families alike, in a premium waterfront location.

This substantial home has been a centre for family life for generations and is ready for your creative touch to enhance and regenerate should you desire.

All four bedrooms and spacious living areas including formal dining bask in the breath-taking view of the Orakei Basin that sweep across to the city skyline. This outlook is one of the best vantage points to see the city light up as the sun sets.

Zoned Mixed Housing Urban, initial exploration has revealed the opportunity, with consents, to build 4 standalone homes, or 5 terraces. Building luxury property, in this never to be repeated position, so close to Remuera, Meadowbank centres and amenities, will no doubt deliver big rewards. Schools, transport and the CBD are all within easy reach.

Internal double garaging, tandem carport, off street parking, huge storage and utility areas make this home well equipped to handle busy lifestyles.

You have a decision, whether holding or developing, this is a once in a lifetime opportunity on a one in a million site.

Do not delay your inspection call Matt Gibson on 027 629 6001 to view this rare gem.

Auction 5:00pm, Wednesday, 15 July 2020 In Rooms, 411 Remuera Road, Remuera (unless sold prior)