Listed: Tue, 13 Jan

Develop, Do-Up or Land-Bank

46 Walters Road, Mount Wellington, Auckland City, Auckland

To be sold by auction on 4 Feb, 2:00 pm

3 Beds
2 Baths
110m² Floor
688m² Land

Other Features

1 Garage parking

Attribute	Value
Property type	House
Capital value (CV)	$1,400,000
Parking	1 garage spaces
Broadband in the area	Fibre, Satellite, Wireless

All Agencies Welcome - Bring your Buyers!

46 Walters Road offers a rare dual-opportunity in one of Auckland's fastest-evolving suburbs-whether you're a developer seeking your next project, an investor land-banking for the future, or a hands-on buyer looking for a rewarding do-up with strong upside.

Zoned Terrace Housing and Apartment Buildings (THAB), this full site provides exceptional development flexibility (subject to council approval). At the same time, the existing dwelling presents an immediate value-add option for renovators or first-home buyers wanting to enter a high-growth area and add equity through refurbishment.

Surrounded by new builds and future development projects, this property sits at the heart of Mt Wellington South's ongoing transformation-an area underpinned by infrastructure upgrades, urban renewal, and sustained demand.

Key Features

Full section in a high-growth urban zone
THAB zoning enabling maximum density and height potential (subject to council consent)
Existing dwelling with do-up / value-add potential
Suitable for development, land-banking, or renovation
Located among established and upcoming development projects
Strong long-term upside driven by area regeneration and intensification

Location Advantages

Minutes to Sylvia Park - New Zealand's premier retail and transport hub
Excellent connectivity via train services and major motorway links north, south, and east
Close to schools, shops, public transport, and everyday amenities
Strategically positioned within a rapidly improving suburb

A Genuine Must-Sell Opportunity The vendors are clear-this property must be sold at auction. Opportunities offering both THAB development potential and immediate do-up value in such a strategic location are increasingly scarce.

Develop now, renovate and hold, or secure a premium land-banking site for the future - 46 Walters Road gives you options.

Auction | 2:00PM | On site at 46 Walters Road, Mt Wellington (unless sold prior) Documents Link: https://vltre.co/1udSGF

Open home times

No times scheduled

Property Files

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Local Schools

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