Buy the Land, Get the House For Free

Listed 30 Apr
1/2 Rewi Street, Torbay, North Shore City, Auckland
Asking price $459,000
Details


Buy the Land, Get the House For Free
Cross-lease: 1/3rd share of 1011m²
Let’s be completely honest: this isn't a weekend DIY project. It’s tired, it’s rundown, and it needs a total overhaul. But if you know property, you know you’re buying the land, the position, and the spectacular views.
This is the ultimate 'worst house, best street' opportunity.
The Value: Land & Position
- The Land: Secure a massive foothold with a 1/3rd share of 1,011m² prime coastal land.
- The Position: Tucked quietly at the very rear of the section for ultimate privacy.
- The Views: Elevated, uninterrupted, and absolutely stunning vistas out to the Hauraki Gulf and Rangitoto Island.
- The Location: Highly coveted Torbay. Enjoy an incredible North Shore lifestyle near top beaches, cafes, and a vibrant community.
The Canvas: 40m² of Raw Potential
- The Footprint: A compact 40m² layout featuring 1 bedroom and 1 bathroom.
- The Condition: Entirely original and heavily worn from top to bottom.
- The Project: A complete strip-out. Roll up your sleeves, bring your imagination, and redesign this space exactly how you want it.
The Reward
- Massive Upside: Ideal for seasoned flippers, builders, or investors looking to add serious value.
- The Ultimate Coastal Pad: Create a premium, low-maintenance, modern retreat in a blue-chip location.
Serious buyers only. Bring your builder, your architect, and your vision. Turn this ugly duckling into Torbay’s best-kept secret.

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