This prime Westmere development site has been sold through exclusive off-market channels, highlighting the strong demand for redevelopment opportunities in this inner-city location.
The property presented astute developers with an exceptional opportunity to capitalize on Westmere's enduring appeal. The existing three-bedroom duplex sat on a well-positioned site with significant potential for enhancement or redevelopment, subject to council approvals.
Westmere's status as one of Auckland's most sought-after suburbs made this development opportunity particularly attractive. The location offers proximity to Ponsonby's dining and retail precinct, excellent transport connections to the CBD, and access to quality amenities that continue to drive strong residential demand in the area.
The successful off-market sale reflects both the site's development potential and investor confidence in the Westmere market.
This transaction demonstrates how well-located development sites in established inner-city suburbs continue to attract serious interest from the development community, even through discrete sales channels.