2.2 hectare residential development opportunity


4-18 Fort Richard Road, Otahuhu

By Negotiation

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2.2 hectare residential development opportunity | 4-18 Fort Richard Road, Otahuhu | 1685648 |      X Close
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2.2 hectare residential development opportunity


- 2.2 hectares Business Mixed Use under Auckland's new Unitary Plan

- Residential activity up to five levels

- Existing tenant with demolition clause

- Flexible site with two road frontages

- Holding income $1,129,141pa + GST

This site is well-located in Otahuhu to take advantage of local government

intensification strategies and the demand for affordable housing being within close

proximity to public transport and access to Auckland Motorway.

Zoned Business Mixed Use under Auckland's new Unitary Plan, the development of

this property could include a wide range of commercial and residential activities

including residential dwellings, residential care and visitor accommodation,

commercial offices, retail and educational facilities.

Consisting in total of 22,825sqm of freehold sites on Fort Richard Road together with a smaller retail property fronting on to Great South Road, which could provide

additional site access for any development opportunity.

4-18 Fort Richard Road, Otahuhu

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