Listing Description
High-Profile Mt Wellington Development Opportunity
283 Penrose Road, Mount Wellington, Auckland City, Auckland
To be sold by tender (closes on 25 Feb)
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Agency reference | 1780011 |
| Broadband in the area |
Description
- 1,179sqm (more or less) elevated freehold corner site with over 70 metres of frontage
- Development-Intensive Terrace House and Apartment Building zoning
- Proposed Plan Change 120 allows up to 34.5m building height
- Strategically located with excellent access to motorways, Sylvia Park, and IKEA
- Ideal for developers, land bankers, or owner occupiers seeking a high calibre site
283 Penrose Road, Mt Wellington presents a prominent freehold corner landholding in one of Auckland’s most accessible and amenity-rich precincts. The elevated site offers excellent visibility, significant frontage, and flexible development potential under current and proposed planning frameworks.
Situated within a thriving mixed-use area, the property enjoys strong exposure, proximity to major retail hubs, and immediate motorway connections, making it highly attractive for medium-density residential or mixed-use development.
This offering represents a compelling opportunity for developers or owner occupiers to secure a substantial freehold site with future upside in a tightly held precinct.
Open home times
Property Files
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Local Schools
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