It's important to remember that diamonds essentially start life as lumps of coal - and if ever there was a lump of coal destined to be a diamond, then 46 Te Arawa Street is definitely the prized piece. In a highly desirable Orakei location, this opportunity is enormous. Not only is there the chance to renovate and extend the cute 1930s brick home, but the real tantalising proposition of potential development with the spacious site. Explore your options under the new unitary plan (Mixed Housing Urban) and arrive with your vision to create exemplary executive living or enhance to build your own Kiwi dream out of a past generations own Kiwi dream.

A bit of elbow grease is required but it won't take much to make this little doozy comfortable so you can sit pretty while you plot the future. So close by to the thriving Bays area, with the leisure and family fun afforded against a backdrop of the glistening Waitemata and mighty Rangitoto. The proximity to the CBD via transport routes that are positioned nearby means that convenient city fringe living is offered.

For the purchaser with the foresight to see the potential and the patience to get stuck in hammer and nail, this property is one you can't afford to miss - half the job is done for you - we've found the rock, now roll up your sleeves and fashion the diamond.

Auction Wednesday 24th August 2016, in rooms, 369 Remuera Road (Unless Sold Prior).