This is a prime Parnell offering: a significant 1,093sqm (more or less) landholding on a prestigious, tightly held street, complete with resource consent for a landmark boutique apartment development. The approved plans showcase an exceptional scheme of five full floor residences, ranging in size from approximately 200m2 - 320m2 plus substantial deck areas across six levels.These apartments will deliver scale and quality rarely seen in such a sought after, established location. With planning significantly de-risked, this presents a streamlined path to delivery for developers targeting a high calibre project in a prestige position.The property also offers considerable flexibility. The existing gracious character home, featuring six bedrooms and four bathrooms, is in excellent condition. This provides immediate holding income or the option for continued personal use while future plans are solidified.This rare combination of substantial scale, premium location, and consented development potential is a genuinely scarce opportunity. It's ideal for immediate project pursuit, strategic landholding, or a long-term vision to capitalize on one of Auckland's most enduring residential addresses. St Stephens Avenue is highly valued for its proximity to Parnell Village, the CBD, Auckland Domain, and top schools, all while maintaining a sense of quiet exclusivity. Opportunities like this with a premium site, existing residence, and consented development – are exceptionally rare.* Please note the online renders are artist impression.