40 Bay Road, St Heliers

Offered for sale by the mortgagee and to be sold by auction, this is an opportunity for an astute purchaser to acquire a substantial luxury home on a large land-holding in a sought-after location. Properties of this calibre are rarely presented under mortgagee conditions. The solid concrete masonry residence of approximately 507 sq m is positioned at the end of a long driveway and occupies a sizeable site of approximately 1,859 sq m. Resort-like grounds include a tennis court and in-ground swimming pool, together with three-car garaging and additional off-street parking. Multiple living and entertaining areas are arranged across three levels with provision for a lift. Entertaining on the lower level is effortless with a kitchenette/bar, lounge, bathroom and gym adjoining the pool and tennis court, while a sweeping staircase in the grand entrance leads to multiple living and entertaining spaces upstairs. The central kitchen adjoins dining and family living spaces, along with additional lounge and entertainment areas, a separate media room and wine storage room. There are five generous bedrooms and four bathrooms, with the private master suite enjoying a luxurious ensuite, walk-in wardrobe and views of the Waitematā Harbour. This sought-after location has great schools, is only a short distance from St Heliers village, beaches, and coastal walkways and only a 20-minute drive from the CBD. With its substantial land area, solid construction, and flexible multi-level layout, this property will appeal to buyers seeking a large family residence with scope to add value, as well as those wishing to take advantage of the Mixed Housing Suburban zoning by considering long-term landholding or redevelopment potential subject to independent investigation and any required approvals. This property, Record of Title NA126A/694 is being sold on an “as is, where is” basis. Interested parties are advised to rely entirely on their own inspections, enquiries, and legal advice. The mortgagee and its agents give no warranties or representations whatsoever as to the accuracy of the information provided, or as to the condition of the property. Further details regarding the auction process, terms of sale, and viewing arrangements are available by calling Greg Dennerly on +64 21 042 0966....