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Devonport waterfront villas fetch massive $9 million

Two heritage Devonport waterfront villas sold for $9m, ending 137 years of family ownership.

Colleen Hawkes
Last updated: 22 July 2026 | 3 min read
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Two heritage waterfront villas on Queens Parade, Devonport sold for a combined $9 million, ending 137 years of family ownership for one of the properties. A local family purchased the homes, which sit on 2211m² of prime land, and intends to restore them beautifully.

The sale comes as Cotality NZ reports a recovering construction sector. The Cordell Construction Cost Index (CCCI) shows costs are rising again, and an increase in dwelling consents suggests renewed market activity.

Devonport Properties

This part of Devonport, like much of the suburb, has a heritage overlay, so the villas won’t be demolished. The buyer intends to restore them “beautifully”. Compared to the neighbouring properties, these two have massive section sizes.

Residents of houses along this road can watch yachts, ferries and ships sail past on the Waitematā Harbour. The Devonport Naval Base is at the end of the street. Photo: HARCOURTS

The veranda on number 28 was enclosed in 1929 to create a porch. Photo: HARCOURTS

Dark timbers frame the window seat in the living room. Photo: HARCOURTS

The original kitchen in number 28 remains, complete with wall-mounted water heater above the bench. Photo: HARCOURTS

The original decorative ceiling in number 27 remains in good condition, as do the very old wallpapers. Photo: HARCOURTS

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Colleen Hawkes Colleen Hawkes
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