Ray White Remuera
Real Estate Agents
- Listing #:
- RMU44131
- Listed:
- 47 days ago
Deadline Sale (by 5 Dec)
Enduring Opportunity - First Time in Over 40 Years
93 Calgary Street, Mount Eden, Auckland CityOther
-
- 7 Bedrooms
-
- 7 Bathrooms
-
- 1 Car Garage
-
- 3 Covered Car Parks
-
- 3 Offstreet Car Parks
-
- 331m2 Floor Area
-
- 723m2 Land Area
About this property
Held by the same family for more than four decades, this rare offering brings scale, flexibility, and upside in one of the city's most connected locations.Set on a 723 sqm freehold site zoned Terrace Housing and Apartment Building, the property currently comprises seven Healthy Homes-compliant units, returning over $150,000 in annual rent.
For long-term investors, it's a stable, high-performing asset with immediate income and future capital growth.
For developers, the possibilities are significant and varied - depending on your vision and appetite for intensity and subject to appropriate consents:
• Subdivide and create seven individual unit titles.
• Build four freestanding homes with double internal garages.
• Construct six three-storey terraced houses.
• Pursue a comprehensive development of up to 15 walk-up apartments.
Sites of this scale and versatility seldom surface - particularly with proven income and clear pathways to unlock further value.
Organise your power in 2 mins
Check out whether you can get fibre internet
Meet your new neighbours on Neighbourly
