217 Ponsonby Road, Auckland, New Zealand being shown by Barfoot & Thompson with MLS # 917376

Quietly waiting on the corner of Ponsonby Road and Pember Reeves Street, Ueneku Lodge is on the market at last. This large trophy property on approx. 645m² site with mind-blowing panoramic city views, is the chance to turn dreams to reality. Right in the heart of vibrant, accessible, parkable Ponsonby Road, steps from the designer boutiques, trendy restaurants and cafes and a quick bus ride to the CBD and waterfront, this huge corner site rubs shoulders with the latest high-end architectural newcomers. In great condition, Ueneku Lodge is a comfortable backpacker hostel/boarding house, the only one in Ponsonby Road. With awesome development potential like commercial services, entertainment facilities, community facilities, education & healthcare facilities, offices or retail options etc (subject to council approval), this popular accommodation already earns a substantial income. There’s still enormous scope to add value. Options include: keep the existing business – with 17 affordable rooms, 36 beds, 12 carparks - always attractive in the hottest retail address in town. Continue renovating, expand, go up a level, or bring your architect to start from scratch. You’ll earn a significant holding income while you apply for all your consents. Why wait? Express your interest and start planning a brilliant future for this incredible, once in a lifetime property today.

Amenities

Bedrooms: 17
Full Bathrooms: 6
Partial Bathrooms: 0
Property Type: Residential
Home size: 0 ft² / 0 m²
MLS: 917376
Status: Active

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