57 Green Lane East | REMUERA
Set Date of Sale – 12:00am, Mon 02 Aug
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).
Develop immediately OR hold for possible capital gain. Imagine the possibilities if you were able to amalgamate with the neighbours. Grab this 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: AGS, EGGS, Remuera Primary & Intermediate.
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