1A Harrison Road, Mt Wellington, Auckland

Add value opportunity on 4,175sqm THAB site

• 4,175sqm freehold land in high demographic growth area
• Existing 26 two & three-bedroom terrace houses - reclad / rebuild
• Favourable THAB zoning for redevelopment opportunity into higher density residential complex
• Convenient access to all amenities and motorway on/off ramp
• Potential short-term holding income from existing units provides flexibility

An opportunity to secure a development site to accommodate high demand in a significant growth area with convenient access to nearby key amenities & facilities including local shopping, schools, and public transport.

The property known as Ellerslie Gardens is situated near the corner of the intersection of Ellerslie Panmure Highway and Harrison Road, Mt Wellington. The townhouse complex was originally constructed around 1997 and comprises a mix of two and three bedroom dwellings, all on individual unit titles with internal garages.

The subject site is THAB zoned for Residential Terrace Housing and Apartment Buildings providing significant redevelopment opportunities for increased density, height and scale of development of all the residential zones with the added bonus of potential short-term potential holding income.