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<\/p>\n– A neo-Georgian mansion in Mellons Bay sold for over $10m to a developer.<\/p>\n
– The estate will be divided into 500sqm sections for up to 12 townhouses.<\/p>\n
– The sale is the highest in the suburb in three years, says agent Kevin He.<\/p>\n
A neo-Georgian mansion in East Auckland is set for demolition after being sold to a local developer for over $10 million.<\/p>\n
The trophy home, known as Fowey Lodge, sits on 1.1ha of prime waterfront land on Bleakhouse Road, in Mellons Bay.<\/p>\n
The new owner plans to split the estate into 500sqm sections and build up to 12 townhouses on the site.<\/p>\n
Barfoot & Thompson agent Kevin He told OneRoof the sale was the highest the suburb had seen in three years.<\/p>\n
The property, which comprises several buildings, including the mansion, boasts 23 bedrooms, 11 bathrooms and an RV of $13.75m. It first hit the market with another agency in 2023, with expectations it would fetch over $15m.<\/p>\n
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The 1930s mansion was owned by a GP, now retired, for 60 years. Photo \/ Supplied<\/p>\n
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The prime 1.13ha waterfront section is likely to be carved up into 11 or 12 smaller sites. Photo \/ Supplied<\/p>\n
The vendor is a retired GP in his 90s who had lived in the home with his wife for 60 years. His son had told OneRoof<\/a> that he had bought the estate for 35,000 pounds soon after emigrating to New Zealand. <\/p>\n He, who took on the listing last year, told OneRoof he was unable to disclose the exact sale price but confirmed it was north of $10m. <\/p>\n He said a developer had shown interest in the property at the end of last year and made an offer which the vendors accepted on Christmas Eve. The deal went unconditional last week.<\/p>\n He said a sale over $10m was a big deal for East Auckland, where the more expensive homes usually fetched between $2m and $3m. \u201cIt was a top price.\u201d<\/p>\n Discover more:<\/p>\n – \u2018We have people lined up to view it\u2019 – Takapuna beach icon tipped to fetch over $20m<\/a><\/p>\n – Waterfront Takapuna mansion for sale for $30m after blockbuster makeover<\/a><\/p>\n – Fashion power couple sell their art-filled villa for more than RV<\/a><\/p>\n Only three other properties have broken the $10m mark in Mellons Bay: a 1422sqm waterfront estate on Seymour Road, which sold for $26.5m in 2022<\/a>; a trophy home on Bleakhouse Road, which got $21.3m the year before; and a property on Marine Parade, which was snapped up for $14.5m the same year.<\/p>\n Bayleys agent Michael Chi, whose patch includes the East Auckland, said homes in the upper price bracket rarely hit the market. \u201cThere isn\u2019t a lot in the Mellons Bay area for over $5m that\u2019s on the market or about to hit the market.\u201d<\/p>\n Some of the higher-end homes currently on the market in those beach suburbs include a five-bedroom house at 4 Glenoaks Rise<\/a>, which is expected to sell for around $5m, and an older home on a 888sqm waterfront site at 55 The Parade<\/a>, which has a price indication over $4m.<\/p>\n Chi said those that sold for over $10m were on big chunks of development land or were one-of-a-kind properties, pointing to the Seymour Road estate.<\/p>\n A Mellons Bay mansion, known as Greystone, was built in 2014 and sold for $26.5m in 2022. Photo \/ Supplied<\/p>\n A five-bedroom, four-bathroom home at 4 Glenoaks Rise, in Mellons Bay, is expected to sell for around $5m. Photo \/ Supplied<\/p>\n He pointed to the $26.5m sale of Seymour Road, which he and colleague Angela Rudling had brokered. The clifftop mansion was 1500sqm in size, boasted a library tower, Napoleonic-style dining room and a seven-car garage. And the 5000sqm section overlooking the Hauraki Gulf was in a gated community.<\/p>\n Chi said some of the suburb\u2019s prestige house-buyers were relocating from other parts of the city either to be closer to family or to get more bang for their buck.<\/p>\n \u201cSimilar properties [in the central city] might have been double the price, so they sell up and buy an equally nice home here for half the money.\u201d<\/p>\n Mellons Bay is close to the highly regarded Macleans College, but the school zone isn\u2019t the biggest drawcard for the suburb\u2019s multimillion-dollar buyers who often send their kids to private schools.<\/p>\n \u201cMostly it\u2019s because the house itself is nice or they like the area.\u201d<\/p>\n![\"The](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/02\/7e3c1b09947c3373ddd643e1ed6a4d8f.jpg\")
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