491 East Coast Road, Murrays Bay, North Shore

Mixed Urban 1,120m2 Freehold (approx.)

Seaview development potential

In one on the most sought after areas of the Auckland's North Shore, 491 East Coast Road, Murrays Bay offers discerning buyers a unique opportunity develop up to five residential sections, all with sea views.

Property in this area is in huge demand with excellent schools in zone. Rangitoto College, New Zealand's most successful secondary school is mere footsteps away and Murrays Bay Intermediate, Murrays Bay Primary School and St John's Catholic Primary School are all within easy walking distance. The property is situated with excellent street frontage with access via a slip road off East Coast Road.

Currently described as two titles and under the new unitary plan rules the site is zoned as 'Residential Mixed Housing Urban' which allows for subdivision down to 300m² net per site (subject to council approval of any scheme plan).
A proposed scheme plan could indicate a potential yield of five residential sections, with resource consent.

The 1120m² (approx.) site enjoys a superb North Easterly aspect with contours that will enable future dwellings to share in the expansive views of the Hauraki Gulf and beyond.
The strategic position offers a host of amenities including easy access to transport links to the City and Albany. The location is a short distance from the Albany Mega Centre, beautiful parks and reserves plus supermarkets and a large choice of child care centres.

You can view a video tour of the property here https://youtu.be/vMZ1WUyHneE

Viewing by appointment