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Bayleys Real Estate - Auckland Central Commercial, (Licensed: REAA 2008)

123 Grafton Road, Grafton

Asking price $4,500,000

Listing Description

Listed: Thu, 16 Jun

Grafton Kauri Villa - Now Priced at Land Value!

123 Grafton Road, Grafton, Auckland City, Auckland

Details

  •   913m² Land
AttributeValue
Property use
Development site
Agency reference
1694348

Description

A rare opportunity to secure a landmark property on the fringe of Auckland’s CBD. Positioned directly opposite Auckland Hospital, this 913sqm (more or less) freehold site offers exceptional potential, and is now priced at the land value (GV).

  • Generous 913sqm corner site adjacent to Grafton Bridge, overlooking Grafton Gully
  • Favourable "Local Centre" zoning supports a wide range of development opportunities
  • Endless potential in a prestigious location with easy access to the CBD, universities, motorway networks, and public transport

A Storied Legacy Dating Back to 1885. This grand two level villa (approximately 330sqm) is steeped in history and rich in architectural charm. Constructed in 1885 for court registrar and banker George William Basley and his wife Frances, the residence later became home to Auckland City engineer Walter Ernest Bush, who oversaw the construction of the adjacent Grafton Bridge (1908 –1910). Historical photos show that the exterior remains largely unchanged since 1900.

Designed in the elegant Italianate style popular in the late 19th century and built from solid kauri timber, the home features bay windows, ornate verandas, and numerous period details. It holds a Category B heritage listing under Auckland Council's schedule of buildings, heritage properties, and places of special value.

The property is offered with vacant possession, making it ideal for (subject to consents) :

  • Boutique medical practices
  • Professional offices
  • Hospitality venues
  • Art galleries Or a signature redevelopment project (subject to council consents)

The sunny, north-facing rear land offers outstanding add-value potential, with views extending down toward the harbour, enhancing appeal for future development under the site's flexible zoning.

This is truly a once in a lifetime opportunity to acquire a piece of Auckland’s architectural heritage with prime development upside. Contact us today to arrange a viewing or request further details.


Property Files

Millie Liang

Discover more about this property.

Request the files from Millie.





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Bayleys Real Estate - Auckland Central Commercial, (Licensed: REAA 2008)

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