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Mt Wellington

283 Penrose Road, Mt Wellington, Auckland

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1,179sqm Land area SQM
157sqm Floor area

High-Profile Mt Wellington Development Opportunity


• 1,179sqm (more or less) elevated freehold corner site with over 70 metres of frontage
• Development-Intensive Terrace House and Apartment Building zoning
• Proposed Plan Change 120 allows up to 34.5m building height
• Strategically located with excellent access to motorways, Sylvia Park, and IKEA
• Ideal for developers, land bankers, or owner occupiers seeking a high calibre site

283 Penrose Road, Mt Wellington presents a prominent freehold corner landholding in one of Auckland's most accessible and amenity-rich precincts. The elevated site offers excellent visibility, significant frontage, and flexible development potential under current and proposed planning frameworks.

Situated within a thriving mixed-use area, the property enjoys strong exposure, proximity to major retail hubs, and immediate motorway connections, making it highly attractive for medium-density residential or mixed-use development.

This offering represents a compelling opportunity for developers or owner occupiers to secure a substantial freehold site with future upside in a tightly held precinct.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

25
Feb

Time4pm
Calander
Calendar
James Were

James Were

Commercial, Development and Investment Sales

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

Features

Land area breakdown


1,179sqm (more or less) elevated freehold corner site

Zoning


Development-Intensive Terrace House and Apartment Building zoning

Location


Strategically located with excellent access to motorways, Sylvia Park, and IKEA

Opportunity


Ideal for developers, land bankers, or owner-occupiers seeking a high calibre site