Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Grafton

123 Grafton Road, Grafton, Auckland

Watchlist
Share
913sqm Land area SQM
330sqm Floor area

Grafton Kauri Villa - Now Priced at Land Value!


A rare opportunity to secure a landmark property on the fringe of Auckland's CBD. Positioned directly opposite Auckland Hospital, this 913sqm (more or less) freehold site offers exceptional potential, and is now priced at the land value (GV).

• Generous 913sqm corner site adjacent to Grafton Bridge, overlooking Grafton Gully
• Favourable "Local Centre" zoning supports a wide range of development opportunities
• Endless potential in a prestigious location with easy access to the CBD, universities, motorway networks, and public transport

A Storied Legacy Dating Back to 1885. This grand two level villa (approx. 330sqm) is steeped in history and rich in architectural charm. Constructed in 1885 for court registrar and banker George William Basley and his wife Frances, the residence later became home to Auckland City engineer Walter Ernest Bush, who oversaw the construction of the adjacent Grafton Bridge (1908 -1910). Historical photos show that the exterior remains largely unchanged since 1900.

Designed in the elegant Italianate style popular in the late 19th century and built from solid kauri timber, the home features bay windows, ornate verandas, and numerous period details. It holds a Category B heritage listing under Auckland Council's schedule of buildings, heritage properties, and places of special value.

The property is offered with vacant possession, making it ideal for (subject to consents) :
• Boutique medical practices
• Professional offices
• Hospitality venues
• Art galleries
Or a signature redevelopment project (subject to council consents)

The sunny, north-facing rear land offers outstanding add-value potential, with views extending down toward the harbour, enhancing appeal for future development under the site's flexible zoning.

This is truly a once in a lifetime opportunity to acquire a piece of Auckland's architectural heritage with prime development upside. Contact us today to arrange a viewing or request further details.

Asking Price NZ$4,500,000 + GST (if any)
Millie Liang

Millie Liang

Associate Director - Commercial Sales and Leasing

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Amenities


5 mins drive to Queen Street, Symonds Steet and Auckland CBD

Character building


Situated at the prominent intersection of Grafton bridge and Grafton Road

Parking


Carparking area at the rear

Location


Easy access to CBD, Universities, motorway systems and transport networks

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.