198 Riddell Road, Auckland, New Zealand being shown by Barfoot & Thompson with MLS # 916400

Prestige. Position. Profit Potential. Set on one of Glendowie’s most desirable streets, this elevated 878m² (more or less) freehold site offers a rare opportunity to secure consented development land in a premium coastal location — with projected returns of 25–30% on a well-executed 4-lot build-and-sell project. Commanding sweeping views across the Tamaki Estuary to Half Moon Bay, this blue-chip landholding combines stunning outlooks with exceptional development upside. A previous Resource Consent (2019) for subdivision was granted and can be reworked for a 4-lot configuration, leveraging the Mixed Housing Suburban zoning and generous site contours. The existing 1950s weatherboard home includes three bedrooms, two bathrooms, and single garaging — providing potential holding income while consents and designs are finalised. Situated just steps from Roberta Reserve and the Glendowie waterfront, this tightly held position also falls within top school zones for Glendowie Primary and Glendowie College — ensuring consistent buyer demand and strong resale values for completed homes. Key Highlights: • 878m² (more or less) freehold site in a blue-chip coastal setting • Suitable for a 4-lot subdivision and new home development (subject to council approval) • Mixed Housing Suburban zoning – supporting multi-dwelling projects • Projected build-and-sell return: 25–30% • Vendor not GST-registered – favourable tax advantages • Prime location – near reserves, beaches, and sought-after schools • Ideal for builders, developers, or investors seeking a high-yield, prestige project This is a rare opportunity to develop in one of Auckland’s most exclusive and stable suburbs — combining lifestyle appeal, strong end-buyer demand, and excellent profitability. Contact us today for concept plans, feasibility analysis, or to arrange a private site inspection.

Amenities

Bedrooms: 3
Full Bathrooms: 2
Partial Bathrooms: 0
Property Type: Residential
Home size: 0 ft² / 0 m²
MLS: 916400
Status: Active

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