1 Forrest Hill Road and 4 Nile Road, Milford, North Shore

Landmark redevelopment project

• 5,344sqm (more or less) high profile corner site
• Business Mixed Use and Mixed Housing Urban zoning
• Long-standing tenant returning holding income of $210,000pa + GST
• Substantial development potential with various proposed plans

This significant opportunity is an alluring proposition for redevelopment or investment from a range of residential and commercial developers and owner-occupiers.

Superbly positioned on the sought-after corner site of Forrest Hill Road, Wairau Road and Nile Road the property is within immediate proximity to the Wairau Valley commercial hub and the Milford and Takapuna town centres and coastline. This strategic high-profile location is an attractive location for a range of potential uses.

This freehold site has multiple titles being offered as one, currently undergoing a consent process for residential dwellings comprising of terrace houses taking advantage of the valuable “double Westlake” school zoning. An established anchor tenant returns a holding net income of $210,000pa + GST with vacant possession possible from late 2024 or the vendor is open to providing a deferred settlement.

A range of options for a range of buyers - call today.