57 Green Lane East | REMUERA
Auction: 2:00pm, Wed 30 Jun 21 | In Rooms (unless sold prior)
THAB Development Upside DGZ
Here’s a rare and exciting opportunity to secure a pancake-flat parcel of development zoned land in a prime Remuera double Grammar zone location near Motorway off-ramps, Ascot Hospital, Medical Mile, Train station, local shops and Ellerslie Racecourse.
Zoned for redevelopment under the Auckland Unitary Plan for Residential – Terrace Housing and Apartment Buildings (THAB). Building height to 16 metres (STCA).
The adjoining THAB zoned 804sqm property at 60 Ascot Avenue is also for sale. The definite sale of 57 Green Lane East creates a short window of opportunity to secure a unique DGZ land holding.
If your future vision is to help create more affordable accommodation for Aucklanders, investigate the upside of this is a once-in-a-lifetime opportunity.
Land: 748sqm (more or less).
House: Fully renovated, 5 bedrooms, 2 bathrooms, double garage, multiple off-street parking, currently tenanted.
CV (2017): $2,225,000.
Schools: Auckland Grammar School, Epsom Girls Grammar School, Remuera Primary & Intermediate.
Note: This property can be purchased prior to auction so register your interest early to avoid disappointment.
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