Boarding house an open door to luxury development
A boarding house in one of Auckland’s most prestigious neighbourhoods has been put on the market for sale with future redevelopment potential as an upmarket housing complex.
The freehold site for sale at 30 Shelly Beach Road, St Mary’s Bay, sits within walking distance of Auckland’s CBD and boasts sweeping city and harbour views.
The existing two-level residential accommodation building is operated as a boarding house under the UniStay brand. However, the property’s zoning for intensive housing will provide future owners with possibilities to redevelop the site with a multi-unit apartment or townhouse complex.
The land and buildings at 30 Shelly Beach Road are now being marketed for sale by tender closing on 15 April (unless sold prior), through Bayleys Auckland Central.
Salespeople Damien Bullick and Alan Haydock said the site consisted of a building of 536 square metres on approximately 1600 square metres of freehold land, including parking for nine vehicles at the front of the property.
“The building incorporates 39 furnished single, twinshare and double bedrooms, plus a self-contained onebedroom manager’s flat and manager’s office,” said Bullick.
“Occupants share use of a large communal kitchen, multiple entertainment spaces, decks and a barbecue area.”
Bullick said the property presented buyers with flexible options, including continuing to run the established boarding house, repurposing it for alternative accommodation or other uses, land banking, or fully redeveloping the site for highdensity housing.
“The vendor is open to selling the property with existing boarding tenancies in place or with vacant possession,” he said.
The site’s zoning as Residential - Terrace
Housing and Apartment Buildings under the Auckland Unitary Plan provides for the greatest density, height and scale of development of all the residential zones.
“This is a high-intensity zone which allows for intensive terrace house or apartment development of up to 16 metres, or between five and six storeys, subject to council consents,” said Bullick.
Haydock said a key attraction of the Shelley Beach Road site was its elevated, north-facing position on the sought-after northern slopes of St Mary’s Bay.