-Prominent north facing freehold section (approx. 665sqm) located in the city fringe
-Favourable Mixed use zoning provides significant commercial and residential development potential
-Easy access to major traffic arterials and motorway
-Short term holding income in place of approx. $21,495 + GST p.a.
The site is strategically Located in a high exposure position on the corner of Newton Road and Exmouth Street in Eden Terrace, a highly sought after and thriving commercial City Fringe suburb. Its is also quickly becoming a popular residential location following numerous apartment developments with further complexes under construction.
The Auckland City Rail Link (CRL) is set to provide future benefits for this location once completed. The proximity to the CBD, other City Fringe suburbs and major transport links and the indemnification of an already flexible zoning is likely to see this location continue to grow both commercial and residentially.