Strategic CBD Fringe Corner Site

22/20 Gundry Street, Auckland Central


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Strategic CBD Fringe Corner Site | 22/20 Gundry Street, Auckland Central | 1686236 |      X Close

Strategic CBD Fringe Corner Site

- 607sqm freehold corner site with north-west facing aspect

- Versatile three level building of approximately 1,095sqm plus 20 car parks

- Strategic growth location moments from Ponsonby Rd, Queen St and motorways

- Favourable City Centre zoning provides the site with attractive development prospects

- Many options to consider - owner occupiers, add-value investors and developers, call now!

Purchased by the current owner occupiers over 25 years ago, this versatile three-level building with an abundance of parking provides a rare central Auckland opportunity with broad appeal.

The top floor is partitioned into smaller offices, lending itself well as a multi-tenanted or serviced office type premises. Available immediately, along with the western side of the ground floor and all 20 car parks, there is also a prime add-value project for owner occupiers and investors with current demand for centrally located, quality character space far outweighing supply.

The workshop on the eastern side of the ground floor is occupied by an established tenant, currently returning $53,856 + GST p.a. (net) with annual rent reviews and an upcoming right of renewal.

The underlying Business - City Centre zoning of this north-west facing corner site in addition to being within walking distance of the plentiful cafes, bars and restaurants of Ponsonby Road as well as the future Karangahape Rd station of the City Rail link means this opportunity possesses undeniable development potential. Call now to discuss the possibilities!

22/20 Gundry Street, Auckland Central

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