One of the most significant development opportunities to hit the Auckland market in 2025, a prime landholding in central Mount Albert, offers developers a rare chance to shape the future of one of the city’s most intensification-ready suburbs.

Bayleys Auckland Metro Markets director James Were, alongside colleague Wei Wei Elder, is marketing the properties at 12 Mount Albert Road, 3 Allendale Road, and 878 New North Road, for sale individually or as a combined offering, with a deadline closing at 4:00 pm on Tuesday, 20th May 2025 (unless sold prior).

In totality, the asset comprises 7,297sqm (more or less) of freehold land spanning three contiguous titles – all zoned Residential – Terrace Housing and Apartment Buildings (THAB), with the added benefit of a height variation control under Proposed Plan Change 78 allowing development up to 21 metres, or six storeys.

Were says the site’s premium zoning and city-fringe location align it with key growth directives under Auckland Council’s intensification strategy.

“Situated within a walkable catchment to the Mount Albert train station and town centre, the property lies within a zone specifically identified for high-density residential intensification. The combination of scale, zoning and proximity to amenities and transport makes this an exceptional opportunity for developers looking to respond to Auckland’s urgent housing needs.”

Anchored by a character-filled 1920s-era four-bedroom home at 12 Mt Albert Road, the primary site provides 5,326sqm of elevated land, currently set in manicured park-like grounds, including a swimming pool and tennis court.

The two additional titles – 3 Allendale Road, and 878 New North Road – provide a combined 1,971sqm and add dual street frontages of approximately 22 and 17 metres, respectively.

Were says that together, the properties boast triple street profile, enhancing access, visibility and design flexibility.

“However, the site’s position is one of its greatest assets, offering expansive outlooks and connectivity in a location that’s long been considered a blue-chip residential address.

“Set on an elevated platform, the land provides sweeping viewshafts toward the city skyline and inner harbour, which will be a key value-driver for any future development. The site is also a short walk from top-performing schools, including Mount Albert Grammar, a full-service retail village, and excellent bus and train links.” Were says that whilst established, Mount Albert is undergoing transformation. “The surrounding locale is earmarked for extensive residential growth, and we’re seeing a strong developer appetite for large-scale sites within these strategically planned catchments.

“The ability to purchase the properties individually or in conjunction with the adjoining sites offers flexibility for purchasers while significantly expanding the development envelope.

“As Auckland’s population growth continues to outstrip new housing supply – exacerbated by a slowdown in the development pipeline – large, elevated, and well-connected sites zoned for high intensity remain highly sought-after.

“Developers with vision will recognise the opportunity to create a significant and impactful project here that meets both market demand and the city’s future urban aspirations.”