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Dress Circle Development Dream

5 London Street

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5

2

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8

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Marketed by Cristina Casares

Dress Circle Development Dream


5 London Street

St Marys Bay, Auckland

Sold - 29.11.2019

Marketed by Cristina Casares

With truly breathtaking views, this huge 1920s era home in the heart of St Marys Bay's dress circle is a developer's dream. Currently divided into four flats, it is perfect for the investor looking to get a foot in this sought-after suburb or ripe for complete redevelopment. Once consented for two luxury apartments, it has a huge amount of space to move and comes with the kind of views so tightly held this close to Auckland's CBD. Secured by the current owner twenty years ago and occupying 561m2 of land, it comes divided into four unique formations. A spacious three bedroom flat has two bathrooms, a dressing room and rooftop terrace, as well as uninterrupted views of the Harbour Bridge and over one of the America's Cup's most exciting racing courses. An elevated dining room opens straight out to the north facing lower deck, which is purpose built for catching the sun. One of the two bedroom flats sits on the street and sports a bathroom and open plan living and kitchen area, while the other two bedroom enjoys spectacular views from a picture window in the master looking out towards the water. A one bedroom completes the line-up, also with an award-winning vista. A shared back patio offers even more opportunity for development, as well as masses of storage beneath the house. An additional separate spacious office/workshop is also in place, which can easily be converted to a garage with off street for several more vehicles. Situated within walking distance to Ponsonby Road and the Viaductand enjoying some of the city's most spectacular views across the Waitematā Harbour and beyond, this property is a rare find in sought-after St Marys Bay. Move in amongst the grandes damesand make your mark - the possibilities are endless.

Property Details

Suburb stats

Property ID PON27042

Category
House
Status
Sold
Bedrooms
8
Bathrooms
5
OSP
2

Floor Plan



Local Schools

* While every effort has been made to ensure the information displayed is accurate, please check details directly with the school before making decisions based on this information.

Primary
Intermediate
Secondary
Ponsonby Primary School - 880m away
Years 1-6
Co-ed
44 Curran Street
09 376 3568


Ponsonby Intermediate - 940m away
Years 7-8
Co-ed
50 Clarence Street
09 376 0096


Auckland Girls' Grammar School - 1.5km away
Year 9-15
Girls
Howe Street
09 307 4180


Western Springs College - 3.4km away
Year 9-15
Co-ed
Motions Road
09 815 6730



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Send an enquiry about this property to the agent


Cristina Casares


Licensee Salesperson

Mobile: 021 333 615

Phone: 09 376 2186


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Suburb Stats

St Marys Bay


Median sale price in July 2022

$575,000

81% last month
70% same time as
last year

Monthly Trend

Total Sales in July 2022

50% last month
1 sales
50% same time as
last year

Monthly Sales