This flat, 1416sqm parcel of land is being heralded as one of the last remaining undeveloped, multi-unit sites in Mission Bay.
Its prime position, proportions and panoramic views present an extraordinary opportunity to renovate or redevelop right at the heart of the iconic waterfront suburb.
The current owners have been here for 25 years and loved every aspect of the property, especially the breathtaking and everchanging outlook.
In fact, the view is so magnificent, the vendor says, “when the cruise liners come down the shipping channel, you can almost shake hands with the passengers”.
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A grandstand position in every sense of the word, the outlook encompasses the full living canvas of the harbour, with Rangitoto proudly centre stage. A north-facing aspect also savours an abundance of sun and light.
The property is in seriously impressive company, with number 26 down the road recently selling for over $20 million. The Lawrence Sumich-designed luxury mansion garnered major interest as soon as it hit the market – an indication of just how sought after and celebrated properties of this size in this neighbourhood are.
Another critical benefit here is the zone change, for savvy buyers looking to create something on a larger scale.
The flat, 1416sqm section comes with a 1930s four-bedroom villa. Photo / Supplied
Ray White agent Richard Thode says: “That view will never be lost and you’re looking right at Rangitoto and down the harbour, so it’s pretty spectacular.” Photo / Supplied
“It can be developed into a multi-unit site – it’s been brought into Plan Change 78. It could be a one-house site or could be subdivided and six put on it,” the vendor says.
The section comes with a four-bedroom family home, a 1930s villa that can be used as a basis to explore renovations or removed to make way for something entirely new.
“It’s very liveable but has approval for demolition, so people have options.”
Richard Thode, from Ray White, says that Ronaki Road is one of the few streets in Auckland that enjoys such a special position, which offers infinite potential at number 18.
It’s widely considered to be the one of the best streets in the eastern suburbs but flies somewhat under the radar.
The villa is liveable but has approval for demolition. Photo / Supplied
“It’s one of the last blank canvas sites that is available in Auckland City in one of the streets that would be comparable to Paritai Drive. It’s a decent piece of land and the house itself can be removed – that’s been confirmed by council,” Thode says.
“We’ve just seen what one recently in that street has sold for. That just supports the fact that if someone bought that piece of land and put a big home on there, you’re never going to over-capitalise.
“That view will never be lost and you’re looking right at Rangitoto and down the harbour, so it’s pretty spectacular. It’s got development opportunities, you could build one large home or you could easily build multiple homes on that site.
“It’s been held in the family for a long time which another aspect that’s very unique, it’s one of those opportunities that rarely come up.”
- 18 Ronaki Road in Mission Bay, Auckland, is for sale by set date, closing May 21
