Listed: Mon, 9 Mar

Coastal Development & Investment on 1568sqm

495 & 495A East Coast Road, Murrays Bay, North Shore City, Auckland

To be sold by deadline sale (by 9 Apr)

6+ Beds
5 Baths
4 Living areas
1568m² Land

Other Features

2 Ensuites
6+ Separate toilets
4 Garage parking
5 Off-street parking

Attribute	Value
Property type	House
Capital value (CV)	$3,400,000
Broadband in the area	Fibre, ADSL, Satellite, Wireless

Property Files: https://www.harcourtsfiles.co.nz/listings/9WYY

An exceptional and rare opportunity awaits with two separate freehold properties sold together on a combined 1568sqm landholding, both enjoying stunning sea views. Perfectly suited for developers, investors, this package offers immediate income potential while providing the flexibility to explore subdivision or redevelopment possibilities.

Zoned Mixed Housing Urban and Mixed Housing Suburban, the site offers strong subdivision potential, with wastewater and stormwater connections already in place - a significant advantage for anyone considering development.

495 - Well-proportioned and ready to enjoy, this four-bedroom, 2.5-bathroom home is designed for comfortable living:

Large, light-filled lounge opening to a sun-soaked deck
Master suite with ensuite in a private wing
Additional bedroom ideal as a home office
Convenient powder room on the main level
Two further bedrooms downstairs serviced by a family bathroom

495A - Spacious and versatile with five bedrooms and 3.5 bathrooms, this home offers scale, flexibility, and undeniable potential. While it could benefit from some tender loving care, the rewards for the visionary buyer could be substantial.

Location is the major draw. Rangitoto College is just steps away, with Murrays Bay School, Murrays Bay Intermediate, Pinehill School, and Northcross Intermediate also nearby. Public transport is conveniently opposite the road, and the vibrant coastal villages of Murrays Bay, Mairangi Bay, Rothesay Bay, and Browns Bay - offering cafes, restaurants, and boutique shopping - are just a short drive. Recreation and fitness are close by at AUT Millennium, with easy access to the Albany hub and motorway.

With retirement plans in motion, the vendor is ready and willing to meet the market - this is a golden chance for the savvy developer or investor. Arrange your viewing today and position yourself to act.

Conjunctions from all Agents welcome

Open home times

No times scheduled

Property Files

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Local Schools

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