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2 Outhwaite Lane, Newmarket, Auckland City

By Negotiation

10

13

1,356m²

Rare Opportunity in Central Auckland Location

This is a unique opportunity to secure a highly sought-after block of flats and landholding in the heart of Grafton - one of Auckland's most tightly held and strategically positioned suburbs.

Offered to the market for the first time in 34 years, this exceptional property represents an extremely rare chance to acquire significant real estate with enormous potential.

Comprising seven titles in total, the property includes six purpose-built flats and an original character bungalow, all situated on a generous 1,356sqm (more or less) of premium city-fringe land.

Zoned Terraced Housing and Apartment Building (THAB), the site is ripe for development and offers wide appeal to developers, land-bankers, and astute investors seeking a foothold in one of Auckland's highest-growth corridors.

Superbly located in the Double Grammar Zone, the property borders Outhwaite Park, is just 100 metres from the Auckland Domain, and is within walking distance to Newmarket. Grafton Train Station is adjacent, and Auckland Hospital is nearby - the convenience of this location cannot be overstated.

Currently configured as multiple flats across separate titles, the property delivers a secure rental return, providing excellent holding income while future development plans are explored.

Key Highlights:

• First time on the market in 34 years

• 1,356sqm (M.O.L.) of prime land across seven freehold titles

• Zoned THAB - ideal for multi-level development (Subject to Council Approval)

• Located in Double Grammar School Zones

• Walking distance to Auckland Domain, Newmarket, Grafton Train Station & Auckland Hospital

• Multiple rental incomes from existing flats

• A rare opportunity to secure a large-scale landholding in central Auckland

Whether you're looking to develop, landbank, or invest and hold, this property delivers on every level.

Opportunities like this are once-in-a-generation.

Don't delay - contact Darrin today for a full information pack or to arrange a private viewing.

Additional details

Type

House

Property ID

HOW44409

Listed on

06/10/2025

Updated

07/11/2025

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Listed for sale on OneRoof for 61 days (last updated on 6 October). This property has appeared in 1076 searches in the last 30 days. There are 31 properties for sale in Newmarket.

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Newmarket, Auckland City

Newmarket is a suburb which lies within the Territorial Authority of Auckland, one of 269 residential suburbs which form the wider region. Newmarket is the 139th largest suburb of Auckland in terms of the total number of residential housing stock. Newmarket provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 2000 - 2009. Residential housing stock in Newmarket is made up of approximately 99% residential housing and 1% residential investment housing properties.

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