Development Opportunity in Double Grammar Zone

AUCTION (if not sold prior) 1:30pm 9 September 2015 at 34 Shortland St, City. On three titles with a total land area of 2,815sqm, this is a rare opportunity indeed. There are three villas on the sites offering rental income for those looking to land bank or develop in the future. Currently zoned 6A (one per 375sqm), in the proposed unitary plan the zoning is terraced housing & apartments to 4 storeys or 6 with discretionary council approval and demolition consent. A convenient central location near motorway access & within walking distance to the train station & the supermarket, it is also zoned for popular Cornwall Park School, Remuera Intermediate & both Grammar schools. Please phone for an appointment to view or for further information. All viewing by appointment only.