Price On Request

Prime Development Opportunity With Approved Residential Scheme

  • 6 Beds
  • 4 Baths
  • Updated: July 21
  • 2
    Views for last 30 days

About the Property

A rare opportunity to secure two adjoining freehold properties in the rapidly transforming suburb of Point England. Held by the same vendor and offered together as one package, this is an ideal acquisition for developers seeking a project that has already progressed through the most time-consuming planning stages.

The vendor has completed a comprehensive development programme, with:
A rare opportunity to secure two adjoining freehold properties in the rapidly transforming suburb of Point England. Held by the same vendor and offered together as one package, this is an ideal acquisition for developers seeking a project that has already progressed through the most time-consuming planning stages.

The vendor has completed a comprehensive development programme, with:

• Resource Consent approved in 2025
• Building Consent approved in 2026

The approved scheme provides for the construction of fifteen new residential dwellings, allowing the successful purchaser to focus on delivery rather than navigating the consent process.

Property Highlights

• Fifty-nine Torino Street – eight hundred four square meters (more or less)

• Sixty-one Torino Street – one thousand nine square meters (more or less)

• Combined land area of approximately one thousand eight hundred thirteen square meters

• Two adjoining freehold titles

• Approved development for fifteen new homes

• Resource Consent and Building Consent already in place

• Existing homes currently tenanted

• Combined rental income of one thousand four hundred fifty dollars per week

• Purchase together as one complete development opportunity

Whether you are ready to commence construction immediately or prefer to continue collecting rental income while planning your build programme, this property offers outstanding flexibility.

Location

Situated in the heart of Point England, the site enjoys convenient access to:

• Schools and childcare facilities
• Local parks and reserves
• Public transport connections
• Glen Innes Town Centre
• Auckland Central Business District via the Southern Motorway and rail network

The area continues to benefit from significant residential renewal and infrastructure investment, making it an increasingly attractive location for long-term development.

Opportunities like this do not come along often. Contact us today for the full consent documentation and information pack.
  • Property type

    House

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59 & 61 Torino Street Auckland NZL, New Zealand View on Google Maps
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Michelle Xia

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Michelle Xia
New Zealand
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2026
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Barfoot & Thompson
Barfoot & Thompson
34 Shortland Street, 1140, Auckland City, New Zealand
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Barfoot & Thompson is Auckland’s leading real estate agency. With a 40% market share, they sell and manage m

Barfoot & Thompson is Auckland’s leading real estate agency. With a 40% market share, they sell and manage more property than anyone else. After more than 100 years, Barfoot & Thompson is still a proudly family-owned and managed company. The current Directors - Peter Thompson, Stephen Barfoot and Henry Barfoot - are the grandsons of the original owners. Barfoot & Thompson offers a range of services across residential, commercial, and rural sales in their 80 branches, as well as body corporate management and projects. The company also has a property management division with dedicated property managers across more than 70 branches and a portfolio of more than 20,000 rental properties. Barfoot & Thompson is recognised nationally and internationally for their excellence and results within the real estate industry. Barfoot & Thompson is committed to being the agency of choice in Auckland, Northland and Bay of Plenty, New Zealand.

International Property Awards

• Best International Real Estate Agency [hidden information]

• Best Agency Over 20 Offices Asia Pacific [hidden information]

• Best International Lettings Agency [hidden information]

• Best Lettings Agency Asia Pacific [hidden information]

• Best International Real Estate Agency Marketing 2020, 2025

• Best Real Estate Agency Marketing Asia Pacific [hidden information]

• Real Estate Institute of New Zealand Awards: 2015 - 2025 REINZ Agency of the Year

Last updated
July 21
First listed
Jul 21
Listing reference
b16cf82c-8262-11f1-901e-6045bdd61ac4
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