Two-for-one development opportunity


6 Port Albert Road and 19 Worker Road, Wellsford

Asking Price NZD $5,800,000 + GST (if any)

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Two-for-one development opportunity | 6 Port Albert Road and 19 Worker Road, Wellsford | 1201181 |      X Close
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Description

Two-for-one development opportunity


• Business Town Centre zoning

• Two significant freehold sites: Measured at 1.3834 ha and 7,979sqm

• Broad commercial utility: large or small format retail potential

Two prime development sites centrally located in Auckland's Northern-most suburb are for sale asking $5,800,000 (Plus GST, if any).

Comprising 1.3834 hectares (more or less) and 7,979sqm (more or less) respectively, 6 Port Albert Road and 19 Worker Road are a rare opportunity to secure a large land holding in a growth centre.

The property is strategically positioned at the junction of State Highway 1 and 16 and less than 500m from main-street Wellsford. The area is already experiencing aggressive residential development and is poised for considerable population growth.

Collectively measured as 2.1813 hectares (more or less), the two sites provide broad commercial utility with less than 10% of the land area developed. The property includes a month-by-month lease to AB Axis Industries in the existing 1200sqm build returning $131,800 (plus GST and Outgoings) pa. The property has potential for multiple logistics access points, ideal for FMCG loading and suitable for HPV 23m truck and trailer access.

6 Port Albert Road and 19 Worker Road, Wellsford

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