Sunlit Elevated Haven With Future Development Potential
- 4 Beds
- 3 Baths
- Updated: Today
About the Property
Positioned on the prestigious Grey Lynn Ridge, this flat, sun-drenched 427m2 level site boasts an enviable north-facing aspect and compelling view potential. Zoned for Terrace Housing and Apartment Buildings (THAB), it represents a high-yield
Positioned on the prestigious Grey Lynn Ridge, this flat, sun-drenched 427m2 level site boasts an enviable north-facing aspect and compelling view potential. Zoned for Terrace Housing and Apartment Buildings (THAB), it represents a high-yield canvas tailored for visionary developers, townhouse builders, or land-bank investors.
Property Highlights
• Exceptional Zoning Power: Maximise site potential under flexible THAB zoning for high-density luxury townhouses or multi-level apartments.
• Sunlit Elevated: Prime northern orientation ensures maximum natural sunlight and elevated urban views.
• Turnkey Rental Holding Income: Featuring a beautifully renovated four-bedroom, three-bathroom bungalow, this home guarantees strong, immediate rental return while you finalise plans and consents.
• Urgent Seller Motivation: With former tenants now relocated and overseas owner circumstances dictating a definite sale, this property must be sold.
Rarely do prime development parcels on the Ridge offer both immediate luxury holding income and clear path-to-build potential. Contact us today to secure a private viewing and explore the possibilities.
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Property type
House
Features
- Renovated
- Investment Property
- City View
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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
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