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Devonport waterfront villas fetch massive $9 million
Two heritage Devonport waterfront villas sold for $9m, ending 137 years of family ownership.
AI summary
Two heritage waterfront villas on Queens Parade in Devonport have sold for a combined $9 million, ending 137 years of single-family ownership. The side-by-side properties were purchased by a local family who plans to restore the near-original homes.
Each villa fetched $4.5 million, well above their individual $2.85 million RVs. While the large rear sections offer development potential, the new owners intend to focus on restoration, marking a significant "changing of the guard" for the prime real estate.
Devonport Properties
This part of Devonport, like much of the suburb, has a heritage overlay, so the villas won’t be demolished. The buyer intends to restore them “beautifully”. Compared to the neighbouring properties, these two have massive section sizes.
Residents of houses along this road can watch yachts, ferries and ships sail past on the Waitematā Harbour. The Devonport Naval Base is at the end of the street. Photo: HARCOURTS
The veranda on number 28 was enclosed in 1929 to create a porch. Photo: HARCOURTS
Dark timbers frame the window seat in the living room. Photo: HARCOURTS
The original kitchen in number 28 remains, complete with wall-mounted water heater above the bench. Photo: HARCOURTS
The original decorative ceiling in number 27 remains in good condition, as do the very old wallpapers. Photo: HARCOURTS
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