{"id":42160,"date":"2023-02-01T16:32:59","date_gmt":"2023-02-01T03:32:59","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=42160"},"modified":"2023-02-01T16:32:59","modified_gmt":"2023-02-01T03:32:59","slug":"rare-patch-of-dirt-for-sale-with-an-eye-watering-price-tag","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/rare-patch-of-dirt-for-sale-with-an-eye-watering-price-tag\/","title":{"rendered":"Rare patch of dirt for sale with an eye-watering price tag"},"content":{"rendered":"

PHOTO: A vacant block of land in Brighton has a MASSIVE price tag<\/strong><\/p>\n

According to realestate.com.au<\/a> a\u00a0vacant block on Brighton<\/a>\u2019s waterfront is for sale, but buyers will have to fork out at least $12m to secure it.<\/p>\n

The\u00a0118 Esplanade\u00a0<\/a>property stretches across 1600sq m of prime land just metres back from the blue-chip suburb\u2019s iconic bathing boxes.<\/p>\n

A block of units on the property is currently being demolished to create a \u201cblank canvas\u201d, listed for an eye-watering $12m-$13m.<\/p>\n

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The property is just metres back from the iconic bathing boxes.<\/strong><\/em><\/p>\n<\/div>\n

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Jellis Craig Brighton auctioneer Andre O\u2019Brien said the current owner had plans in place for a townhouse development, but the lot would also be suitable for an apartment development or substantial home.<\/p>\n

\u201cI don\u2019t think it really lends itself to one in particular, but that\u2019s what\u2019s great about it,\u201d Mr O\u2019Brien said.<\/p>\n

\u201cAnd then it\u2019s obviously directly opposite the beach boxes and slightly elevated towards the back with sweeping views across the bay and city. It\u2019s a really rare opportunity.\u201d<\/p>\n

The property is also in proximity to the Brighton Lifesaving Club and Dendy Beach precinct.<\/p>\n

Fellow agent Michael Minic added it was likely to attract a purchaser looking to build a landmark or dream home, or a developer seeking a site for a \u201cluxurious build\u201d.<\/p>\n

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Water and city views.<\/strong><\/em><\/p>\n<\/div>\n<\/div>\n

The listing comes after another vacant Brighton block with an adjoining tennis court was\u00a0for sale earlier in January with whopping $16m+ price hopes.<\/p>\n

The 5 Kent Ave property was listed for $7.65m-$8.395m and was expected to make about $16.5m for the combined 2220sq m allotments.<\/p>\n

Marshall White Bayside director Matthew Pillios had the listing, which has since been pulled from the market.<\/p>\n

MOST POPULAR IN NEW ZEALAND<\/span><\/h3>\n