Beds:6
Baths:3 Full

1 Marsh Avenue, Auckland, Auckland, 0620, New Zealand

Listed by: Chris Lee | Barfoot & Thompson

This substantial, flat, freehold 1,012 sqm site in one of Forrest Hill’s most sought-after locations presents an exceptional opportunity for developers, investors, and families seeking scale and quality. The property is well-positioned for significant development potential.Land bank with holding income: Three solid-brick, two-bedroom flats currently generate a combined rental income of $1,685 per week, providing robust cash flow from day one.Premium family estate potential: The wide road frontage, level contour, and elevated outlook with sea aspects offer an ideal platform for an expansive new residence in a blue-chip setting.Location and lifestyle: Enjoy premier North Shore amenity with Milford Beach, cafes, retail, and Northern Motorway access only minutes away. The property is in zone for top-tier schools, including Westlake Boys’ and Westlake Girls’ High Schools, and Campbells Bay School.This is a strategic acquisition offering scale, income, and multiple exit pathways. Early engagement from buyers, developers, and planning professionals is welcomed. Please enquire for an information pack and to arrange a private viewing.
Show More Show Less

This substantial, flat, freehold 1,012 sqm site in one of Forrest Hill’s most sought-after locations presents an exceptional opportunity for developers, investors, and families seeking scale and quality. The property is well-positioned for significant development potential.Land bank with holding income: Three solid-brick, two-bedroom flats currently generate a combined rental income of $1,685 per week, providing robust cash flow from day one.Premium family estate potential: The wide road frontage, level contour, and elevated outlook with sea aspects offer an ideal platform for an expansive new residence in a blue-chip setting.Location and lifestyle: Enjoy premier North Shore amenity with Milford Beach, cafes, retail, and Northern Motorway access only minutes away. The property is in zone for top-tier schools, including Westlake Boys’ and Westlake Girls’ High Schools, and Campbells Bay School.This is a strategic acquisition offering scale, income, and multiple exit pathways. Early engagement from buyers, developers, and planning professionals is welcomed. Please enquire for an information pack and to arrange a private viewing.

Highlights:

  • Premium Features: Solid-brick construction

  • Wide road frontage

  • Elevator potential

  • Sea views Top-tier school zoning

  • Elevated outlook

  • Level contour

  • Blue-chip location

  • Show More Show Less
Reference ID:921930 Web ID:oajf

Listed by Chris Lee | Barfoot & Thompson

Contact email form:

Highlights:

  • Premium Features: Solid-brick construction

  • Wide road frontage

  • Elevator potential

  • Sea views Top-tier school zoning

  • Elevated outlook

  • Level contour

  • Blue-chip location

Continue Exploring Related Collections