Auctions/Auckland/Grey Lynn

409 Great North Road

Grey Lynn, Auckland

1 / 20
Auction
Central Auction Rooms
Status
Passed in

Auction Ended

This property passed in at auction.

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4
Bedrooms
3
Bathrooms
-
Garages
-
Floor area
430m²
Land area
Council Rateable Value (RV)
Use as a guide only
$2,000,000

About this property

For those wanting an entry home in Grey Lynn with north facing living and plenty of space and future potential for the family, this is a must view. 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 4- bedroom, 3-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.

Schools (In zone)

  • Grey Lynn School
    Contributing
    0.6 km
  • Kowhai Intermediate School
    Intermediate
    1.2 km
  • Auckland Girls' Grammar School
    Secondary
    1.3 km
  • Western Springs College
    Secondary
    1.5 km
  • Pasadena Intermediate
    Intermediate
    1.9 km

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