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Builder, Developer or Land Bank Opportunity
4 Rimu Street, New Lynn, Waitakere City
2
1
6
1,136
Development Opportunity with Holding Income & Future Upside. THAB Zoned – Terrace Housing & Apartment Building Zone. Held by the same family for over 70 years and now offered to the market. Whether you're a developer seeking your next project or a builder looking for a property with immediate potential and long-term upside, this elevated site presents a rare opportunity in one of West Auckland's most sought-after growth locations. Positioned on an elevated, sunny, north-facing site, the property enjoys a notably private outlook framed by mature trees and established vegetation. While a small portion of the front corner of the site is affected by floodplain and overland flow path mapping, the impact on this property is relatively limited compared with adjoining land to the north-west, where the mapped constraints are more significant. This provides an advantage often not found in development-zoned locations, helping preserve the property's open, leafy aspect and sense of separation from neighbouring sites. With some selective pruning and landscaping, the outlook could be enhanced even further, creating an appealing balance of development potential and established privacy. For developers, the site's Terrace Housing & Apartment Building zoning offers significant future development potential. Existing planning advice indicates the possibility for a substantial apartment development (subject to council approval and your own investigations). A full feasibility report is available. For builders, renovators or land-bank investors, the existing home provides an excellent opportunity to add value now while securing the site's future potential. Constructed in the solid, dependable style of the 1950s, the brick and tile home features native hardwood flooring beneath the current floor coverings, offering the perfect foundation for refurbishment and modernisation. The home currently offers:
2 bedrooms plus a sunroom that could easily serve as a child's bedroom, home office or nursery
Modernised kitchen and bathroom
Comfortable living as-is with scope to extend or enhance
Separate studio/workshop ideal for contractors, storage or hobby space
Elevated, sunny position with excellent privacy
Located just minutes from New Lynn's transport hub, shopping centre, cafes and amenities, this is a property that offers immediate usability while positioning you to capitalise on the area's ongoing growth and development. Develop now, renovate and hold, or land-bank for the future – opportunities with this level of flexibility are becoming increasingly scarce. Contact us today to explore the potential of this unique offering.
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Address
4 Rimu Street, New Lynn, Waitakere City
Price
$1,600,000
Type
Development
Bedrooms
2 Bedrooms
Bathroom
1 Bathroom
Parking
1 Car Garaging, 1 Carport, 4 Off-Street
Land area
1,136
sqm
approx.
Listing ID
BER11093
Office
Berryman Real Estate
Price
$1,600,000
Ask a Question
Bevin Berryman
Director
m.
021 512 696
b.
09 827 1187
bevin@berryman.co.nz
Licensed under the REA 2008
Craig Walker
Licensee Salesperson
m.
021 021 08500
b.
09 827 1187
craig@berryman.co.nz
Licensed under the REAA 2008
Graeme Berryman
Consultant
m.
021 926 484
b.
09 827 1187
berryman@xtra.co.nz
Licensed under the REA 2008
Berryman Real Estate
3049 Great North Road
New Lynn
Auckland, 2107
b.
09 827 1187
f.
09 827-7286
www.berryman.co.nz
bevin@berryman.co.nz
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