, Kohimarama, Auckland

Premium Location and Opportunity

\nIt's easy to understand why the current vendors have enjoyed this property for some ten years. The location is one of quality, being north facing with excellent views of the harbour and beyond. The position is private and offers a substantial land holding of 2449m2 with tennis court. \n\nThe four bedroom architect designed home will benefit from renovations. That said it's all about the position. Zoned 6a (One dwelling per 375m2), this property has enormous potential with added value written all over it. Another option is to take advantage of the fully consented Sumich Chaplin Architects plans to build a substantial dream home. Option three is to renovate the existing home. \n\nRecent comparable sales of properties with tennis court and substantial dwellings have sold in excess of $7 million. Think outside the square. Enormous potential to add value.\n\nFor more information please phone Gary Wallace on 0274 988585 or Vicki Wallace on 021 988585 .\n\nSuburb Information: Referred to as the Eastern Bays, these neighbourhoods attract a wide range of residents, all wanting the lifestyle the areas have to offer. Although it can be a 15 / 20min drive into the city; the white sand beaches, seaside parks and boardwalks, views to Rangitoto Island and great local cafes and restaurants make it worthwhile. Each suburb has an assortment of housing from modern and classic 'mansions' on large sections to seaview apartments (many constructed in the 1970's and 80's) to modestly renovated ex-state houses and brick and tiles built in the 1940's to 1970's. Quite different from living near the CBD, families and retirees are drawn to these areas to find their havens.\n\nIf you would like to receive Gary and Vicki's weekly email newsletter, THE WALLACE REPORT, please email us and put PLEASE ADD ME TO EMAIL in the subject line. It's a great way to hear about new listings and to keep up to date with the local property market.