Historic Grand Dame and Development Potential

Considered by many to be one of Parnell's most recognisable and prestigious old homes, 'Paykel House' was built in 1910 by a well known and respected Auckland business figure. The home is available for individual sale or alternatively together with the adjacent development sites which are also on offer for separate sale.

The 534 m2 home typifies the grandeur and timeless elegance of Edwardian architecture characterised by less complex design, ornate ceiling cornices and wide sheltered porches and balconies. The home was meticulously restored in 1998 to exacting standards before opening as a boutique hotel in 2000.

The grand traditional entry foyer makes for a striking first impression as does the sweeping grand staircase and mezzanine balcony. Each of the 3 living, dining room and library rooms are beautifully appointed and grant access onto the wide verrandahs and landscaped gardens. The 7 bedrooms are generously proportioned and all enjoy private tiled en-suites, high stud heights and charmed outlooks.

St Stephens Avenue is a sought after and well established residential address where surrounding homes in Parnell are generally firmly placed within the upper tier value of the Auckland market. The address boasts walking distance to all of the cafes, restaurants and boutique shops and amenities of Parnell and Newmarket and is within a moments drive to both Remuera and Auckland's CBD and Viaduct.

Located in the heart of prestigious Parnell; this prime real estate is positioned well within school zoning for Auckland Grammar, Epsom Girls Grammar as well as a full range of private schooling including Baradene School, Kings School, Diocesan, St Cuthberts Girls College and St Kentigerns School.

Resource consent is valid for the construction of 11 apartments on the adjacent land if so desired. This is a rare and privileged opportunity to live in one of Auckland's most prestigious grand homes and enjoy and experience an important and integral part of this city's history.

42 St Stephens Avenue, 979m2 including house: $4,420,000 GV

44 St Stephens Avenue, 1782 m2: $3,340,000 GV