This unique Remuera waterfront land holding provides astute purchasers with a number of exciting opportunities. Located at the end of a quiet no exit street overlooking the magnificence of the Orakei Basin with views to the harbour and city lights beyond, this would be in our opinion the most outstanding waterfront position available in Remuera.

126 & 128 Lucerne Road is available to be purchased separately or together. 126 consists of a substantial four bedroom 1960s dwelling on 1457sqm. 128 consists of a tennis court on 1080sqm designed to withstand a dwelling to be built in the future. The combined sites measure an impressive 2537sqm which provides for a stunning residence and tennis court. Another option is recognising the outstanding development potential for multiple dwellings on the combined sites given the zoning is Mixed Housing Suburban. Height to boundary regulations are mitigated by joining the two sites together providing further development flexibility.

With direct access to Orakei Basin Reserve and walkways, no matter what option you pursue, it's hard to imagine overcapitalising with this superb waterfront position.

Property Specifications:

House Area: 440sqm (approximately)

Land Area: 1457sqm and 1080sqm (more or less)

CT: NA1854/65 and NA4B/318

Legal Description: Lot 3 DP 46346 and Lot 4 DP 52404

Rates: $12,780.27 and $8,811.33

CV: Total $10,200,000

School Zones: Meadowbank School, Remuera Intermediate, Selwyn College

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Please view links on www.bayleys.co.nz/1752004