This is your once-in-a-lifetime chance to secure a substantial, flat, freehold eight hundred thirty-five square meters (more or less) parcel of land, tightly held for over half a century and brimming with potential. Step into an extraordinary canvas of possibility in one of Belmont’s most coveted and salubrious neighborhoods.Nestled amidst leafy, established streets and prestigious homes, this original nineteen fifties residence sits peacefully, awaiting a visionary touch. Renovate and restore its classic charm, or unleash your creativity and start anew – the options are endless.With zoning currently Mixed Housing Suburban and proposed Mixed Housing Urban (Plan Change 120), you have the freedom to imagine a grand family estate, a pair of luxurious dwellings, or a multi-home development – all with the confidence that you’ll never over-capitalize in a location of this caliber. The street’s ceiling price soars to eight million three hundred seventy-five thousand dollars, while this side of the road commands up to five million one hundred thousand dollars – a testament to the enduring value and prestige found here. Essential infrastructure is in place, with wastewater onsite and stormwater available at the road, ensuring a straightforward build process.Gently caressed by sea breezes, this sun-drenched property is an easy stroll to the best of the North Shore. Easy walk to Belmont Primary School, Belmont Intermediate School, and Takapuna Grammar School – all just minutes away. Spend balmy afternoons exploring the clifftop walkway or descend to the golden sands of Narrow Neck Beach for a refreshing swim.This is more than just land – it’s the foundation for your future. Whether you’re dreaming of a bespoke family haven or seeking a blue-chip development opportunity, this is your blank slate in a location that rarely becomes available.Opportunities like this come once in a generation. Contact us today to secure your slice of the North Shore’s finest. Two thousand twenty-four capital value is two million six hundred seventy-five thousand dollars – what will you pay?Auction: Eight-twelve The Promenade, Takapuna on Wednesday eighteenth March two thousand twenty-six at nine thirty AM (unless sold prior)