1125m2 of Grey Lynn - land bank, invest, develop

This substantial, incredibly rare land holding, in one of the city's most exclusive neighbourhoods, offers a multitude of options for savvy purchasers looking to invest or explore the potential of the property's Mixed Housing Urban (MHU) zoning.

Features include:

- 1125m2 (more or less) of freehold land
- Mixed Housing Urban (MHU) zoning
- Well maintained 1940s dwelling in 4 flats (1 x 3 bedroom, 2 x 1 bedrooms, 1 x studio) with the property returning $120,640.08/pa
- Stormwater and wastewater on the site
- Minimal road noise with the property set back from Tuarangi Road
- Garaging plus plenty of off-street parking
- Positioned moments from the north-western motorway and key bus routes into the city and Britomart
-Walking distance to Western Springs, the Grey Lynn shops, West Lynn village, local schools and a short drive to Westfield St Lukes

Vendor's instructions are to ignore CV $3,600,000 (2021).

For sale by negotiation. Please call Chloe (021 672 191) or Scott (021 225 5988) to arrange a time to view.