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A consent to subdivide part of Carisbrook - separating the historic Neville St Stand turnstile building from the rest of the property - has been approved by the Dunedin City Council.
The move is another step towards new owner Calder Stewart's redeveloping the majority of the site, while sparing the old ground's category 1-listed turnstile building.
The turnstile, and the surrounding 400sq m of land, had already been given back to the council at no cost, allowing the eventual development of a pocket park around the historic feature.
The council also expected to confirm a covenant protecting the turnstile by the end of the year.
In the meantime, the consent decision, first issued in September but amended late last month, formalised the protected zone by creating a new 400sq m lot around the turnstile building.
That left another 3.02ha property, comprising the bulk of the old ground, available for eventual development, a copy of the consent decision showed.
Workers from Christchurch-based firm Southern Demolition were continuing to clear the old ground's grandstands, and expected to be finished by Christmas, owner Alan Edge said earlier this year.