Ultimate Value Add Opportunity in Mount Wellington

61 Penrose Road is set on a 710 sqm (approx.) freehold section in Mount Wellington, with a 3-bedroom, 1-bathroom home. Zoned Mixed Housing Suburban with an 82 sqm (approx.) floor area, the gently sloped site is a stand-out development opportunity for investors or developers.


Why this site stands out:

• 3-bedroom home with huge renovation potential

• Approx. 82 sqm floor area with practical layout

• Gently sloped 710 sqm (more or less) section

• Freehold title - full ownership

• Zoned Mixed Housing Suburban


Options for Buyers: Available individually or together with 52A Portman Road for a larger-scale project.


Prime Location:

• Close to schools, parks, shopping, and public transport

• Easy motorway access

• High-growth, sought-after Mount Wellington location


A rare opportunity to secure a well-located site with development potential. Get in touch for further in-depth information.