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New Plymouth

86 Lemon Street and 70, 72, 74 Eliot Street, New Plymouth, New Plymouth

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2,033sqm Land area SQM
410sqm Floor area
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Four titles. One significant opportunity.


Positioned on New Plymouth's southern gateway, this unique offering comprises four adjoining titles with significant redevelopment potential:

• 70 Eliot Street - House and land, 506sqm (more or less)
• 72 Eliot Street - House and land, 494sqm (more or less)
• 74 Eliot Street - Land only, 506sqm (more or less)
• 86 Lemon Street - House and land, 527sqm (more or less)

Available as a combined offering, the properties provide scale, flexibility, and a range of development opportunities supported by both Mixed Use and Medium Density Residential zoning.

The Mixed-Use zoning at 70 Eliot Street may suit a variety of commercial activities, including medical and healthcare services, professional offices, accommodation, and other compatible business uses. When considered alongside the adjoining properties, developers may have the opportunity to leverage the benefits of both zoning provisions to create a larger integrated development, subject to council approval.

The Medium Density Residential zoning supports more intensive housing options, including terraced housing and townhouse developments, making this a compelling proposition for residential developers seeking a central-city project.

With three existing dwellings providing holding income potential and a vacant section offering immediate development flexibility, purchasers can explore a variety of outcomes ranging from staged development through to a comprehensive redevelopment of the entire site.

Opportunities combining multiple titles, favourable zoning, and a high-profile location are increasingly rare. Whether your vision is residential intensification, mixed-use development, standalone commercial, or a combination of uses, this substantial landholding offers outstanding future potential.

Deadline Sale closes 3pm, Thursday 16th July 2026 (unless sold prior).

Set Sale Date
(unless sold prior)

15 Courtenay Street, New Plymouth

16
Jul

Time3pm
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Kathy Gulliver

Kathy Gulliver

Residential Sales

Success Realty Taranaki Ltd, Bayleys,
Licensed under the REA Act 2008
Darryl Taylor

Darryl Taylor

Commercial, Industrial and Development Sales and Leasing

Success Realty Taranaki Ltd, Bayleys,
Licensed under the REA Act 2008
Iain Taylor

Iain Taylor

Commercial and Industrial Sales and Leasing

Success Realty Taranaki Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Land area breakdown


2,033 (more or less) across four titles.

Location


High profile corner site.

Amenities


Within reach of local shops, parks and school.

Opportunity


Capitalise on the resource consent for a mixed-use development

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