Corner positions are rare. In real estate, like diamonds, the more rare the more valuable which has been proven in Parnell. The last corner site on St Stephens Avenue sold for $8.295m and was almost 2 years ago...

112 St Stephens offers all the same benefits, at a fraction of the price. Neighbours more than 30m away on 2 sides, useable land surrounding the home, favourable height to boundary limits for future development and future Apartment & Terrace House zoning under plan change 120!

This is indeed a rare and compelling opportunity - arguably one of Parnell's most coveted and tightly held addresses. Surrounded by ex embassy and prime ministerial homes, this home has been completely rebuilt into a turn-key luxury home matching the calibre of the neighbouring homes.

Designed for modern living with no compromise, the home's corner site position delivers privacy, sun, security and seamless indoor-outdoor flow to two generous entertaining decks and a level lawn. The renovation ensures absolute peace of mind. Every detail has been considered: Miele appliances, marble finishes, herringbone flooring, underfloor heating, double glazing, new cladding, roofing, landscaping, sauna, forecourt redesign behind a secure gated entry.

Spanning a versatile, well-considered 3-4 bedroom layout, the home offers excellent separation. A private master retreat captures elevated harbour views, while a second ensuite bedroom with its own access is ideal for guests, extended family or work-from-home flexibility. A secondary living space enhances functionality for modern families.

The 372sqm fee simple title, with over 280sqm of usable outdoor space makes this a superb lifestyle offering. Existing space for entertaining, health & wellness, pets and four car parks while the remaining build coverage offers potential for a pool, studio or more garaging this is a rare inner-city offering.

Importantly, there is no body corporate - no levies, no compromise, just complete ownership and control of your land making this a very smart investment as well as a lovely luxury home. Perfectly suited to downsizers, professionals or those seeking a lock-and-leave lifestyle without sacrificing space or independence.

Walking distance to Pt Resolution Park, Rose Gardens, Judges Bay and Tamaki Drive, minutes to Parnell, the CBD and the ferry terminal. Parnell School, ACG and in Double Grammar Zone.

Properties of this calibre, in this location, are seldom available. The corner site position offers you an financial upside. Live in luxury, and when ready, develop the property into 4 186sqm apartments (based on plan change 120). As if your downsize couldn't get any better!