Orakei - Big House, Big Views, Big Potential

Description

Auction: 34 Shortland Street, City on Wednesday 20 November 2024 at 10:00AM (unless sold prior)
Development Potential with Spectacular Sea Views
Investors, landbankers, and developers alike will be drawn to this extraordinary opportunity in the heart of one of Aucklands most in-demand suburbs. 
Offering incredible convenience to both the city, Auckland waterfront and close to Eastridge Shopping Centre, this property offers exceptional potential for a range of projects. Sitting on an elevated 794m² section, zoned Mixed Use Zone , and boasting a 24-meter road frontage and panoramic sea views, it is the perfect platform for a lucrative development project up to 4 storeys (subject to council approval). 
A key feature of the site is its stunning coastal vistas, which will be a major draw for any apartment development, commanding premium prices in a market where coastal living is highly sought-after. The existing property is a legal home and income, featuring a total of six bedrooms, and multiple living areas, providing ample space for families or tenants, making this property a fantastic option for investors looking for both long-term capital growth and rental income. 
Whether youre an investor, developer, or landbanker, this is a unique opportunity to capitalize on a high-potential site that delivers on all fronts. Call today for viewing times or to arrange a private inspection.