1 Ngahere Terrace, Parnell, Auckland

Parnell Central Surprise with Potential Plus

Developers, investors and land bankers, together with Victorian character home lovers will be sure to see the huge potential that is being offered.

The classic 1890's eight-bedroom, two-storey, solidly built character home, which sits on a sunny 708m2 private site in the heart of Parnell, offers numerous options. The present house could either be restored, or explore the potential of the proposed Unitary Plan. For the last decade or so, the sturdy house has been turned into two self-contained flats which are currently producing approximately $77,000 pa.

The top floor features five bedrooms, two bathrooms, including an enormous conservatory with kitchen amenities and sunny wraparound balcony; while there are three bedrooms, bathroom and indoor-outdoor living areas, and amenities on the ground floor.

Apart from having beautiful walkways across to the neighbouring Auckland Domain, both levels have peaceful rural views across to the Domain and Sky Tower. The 281m2 kauri weatherboard home is only one street away from the myriad of shops, boutiques, galleries, restaurants and cafes on Parnell Rise. It is zoned for both Auckland Boys Grammar and Epsom Girls Grammar and is also handy to the proposed Parnell train station - which will certainly appeal to city commuters.

Don't miss this golden opportunity. It is extremely rare to find a property of this size in sought-after Parnell Central.


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