1125m2 of Grey Lynn - land bank, invest, develop

This substantial, incredibly rare land holding, in one of the city's most exclusive neighbourhoods, offers a multitude of options for savvy purchasers looking to invest or explore the potential of the property's Mixed Housing Urban (MHU) zoning.

Features include:

- 1125m2 (more or less) of freehold land
- Mixed Housing Urban (MHU) zoning
- Well maintained 1940s dwelling in 4 flats (1 x 3 bedroom, 2 x 1 bedrooms, 1 x studio) with the property returning $120,640.08/pa
- Stormwater and wastewater on the site
- Minimal road noise with the property set back from Tuarangi Road
- Garaging plus plenty of off-street parking
- Positioned moments from the north-western motorway and key bus routes into the city and Britomart
-Walking distance to Western Springs, the Grey Lynn shops, West Lynn village, local schools and a short drive to Westfield St Lukes

Vendor's instructions are to ignore CV $3,600,000 (2021).

Auction 6pm, Wednesday 12th February 2025, Atomic Kingsland, 420C New North Road, Kingsland (unless sold prior)

Please call Chloe (021 672 191) or Scott (021 225 5988) to arrange a time to view.