Ray White Howick
Real Estate Agents
- Listing #:
- HOW44409
- Listed:
- 62 days ago
By Negotiation
Rare Opportunity in Central Auckland Location
2 Outhwaite Lane, Newmarket, Auckland CityOther
-
- 10 Bedrooms
-
- 10 Bathrooms
-
- 10 Toilets
-
- 3 Car Garages
-
- 10 Offstreet Car Parks
-
- 1,356m2 Land Area
About this property
This is a unique opportunity to secure a highly sought-after block of flats and landholding in the heart of Grafton - one of Auckland's most tightly held and strategically positioned suburbs.Offered to the market for the first time in 34 years, this exceptional property represents an extremely rare chance to acquire significant real estate with enormous potential.
Comprising seven titles in total, the property includes six purpose-built flats and an original character bungalow, all situated on a generous 1,356sqm (more or less) of premium city-fringe land.
Zoned Terraced Housing and Apartment Building (THAB), the site is ripe for development and offers wide appeal to developers, land-bankers, and astute investors seeking a foothold in one of Auckland's highest-growth corridors.
Superbly located in the Double Grammar Zone, the property borders Outhwaite Park, is just 100 metres from the Auckland Domain, and is within walking distance to Newmarket. Grafton Train Station is adjacent, and Auckland Hospital is nearby - the convenience of this location cannot be overstated.
Currently configured as multiple flats across separate titles, the property delivers a secure rental return, providing excellent holding income while future development plans are explored.
Key Highlights:
• First time on the market in 34 years
• 1,356sqm (M.O.L.) of prime land across seven freehold titles
• Zoned THAB - ideal for multi-level development (Subject to Council Approval)
• Located in Double Grammar School Zones
• Walking distance to Auckland Domain, Newmarket, Grafton Train Station & Auckland Hospital
• Multiple rental incomes from existing flats
• A rare opportunity to secure a large-scale landholding in central Auckland
Whether you're looking to develop, landbank, or invest and hold, this property delivers on every level.
Opportunities like this are once-in-a-generation.
Don't delay - contact Darrin today for a full information pack or to arrange a private viewing.
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