Featured Property

This Takapuna property offers an enticing development opportunity

Article by Property Press

On the market for the first time in 60 years, this 1036 sqm Takapuna section, which is currently occupied by two semi-detached brick flats, is ripe for the picking

Details

Address: 4 & 6 O’Neills Avenue, Takapuna, Auckland
Land Size: 1036sqm
Bedrooms: 5
Bathrooms: 2
Parking: 3 carparks

Contact details

Contact: Victoria Bidwell, 021 947 080
Auction: 1.30pm, Thurs 20th June 2019
Further listing details here
Bayleys Real Estate

This Takapuna property offers an enticing development opportunity

Presenting one of the most exciting development opportunities in Auckland, numbers 4 and 6 O’Neills Avenue are on the market for the first time in 60 years. Comprising 1036m² of flat land and currently occupied by two semi-detached brick flats, the prestigious estate is ready for a visionary purchaser.

Part of the exclusive collection of elite seaward side avenues off Takapuna’s Hurstmere Road, O’Neills is home to many dazzling estates and is the location of some of Auckland’s most significant sales in recent years. Ideally positioned between Takapuna and Milford, fortunate residents of the prestigious cul-de-sac are able to walk the shores every morning, swim at Thorne Bay every day in summer and launch a dingy to fish right from the water’s edge. A plethora of cafes, bars, restaurants, shops and entertainment are within easy, level walking distance, while the city is an easy commute via a choice of motorway onramps.

Positioned on the northern side of the street, the iconic site is believed to be the location of the original O’Neills Farm. The residences were first crafted as two duplexes, then were converted into one large family home – where the current owners lived as children.

In fact, the family were part of the team instrumental in helping clear the rocks to create the beach at the end of the street, so were allocated their own padlocked spot to store their dingy. The home has since been transformed back into two dwellings and utilised as a home and income.

A wide street frontage, solid brick construction and established gardens create a charming façade and interiors are presented in largely original condition. The residences each offer three and two bedrooms respectively, large living rooms and original kitchens and bathrooms. Each flows out to the north-facing, flat back garden flooded with light and sun.

The dimensions, proportions and workability of the large, flat rectangular site means development options are extremely appealing – plus the zone is mixed housing suburban. The existing homes could be renovated, extended and built up, demolished to make way for a brand-new, landmark residence or subdivided to offer multiple contemporary homes.

Development opportunities like this, in such an iconic neighbourhood, are very rare indeed. It’s one of the most sought-after, coveted coastal locations in the country and one that will always remain at the top end of the market.

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