7,883sqm Freehold Mt Wellington Site

Mt Wellington

Asking Price NZD $7,883,000 + GST (if any)

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7,883sqm Freehold Mt Wellington Site | Mt Wellington | 1686917 |      X Close

7,883sqm Freehold Mt Wellington Site

- Substantial 7,883sqm freehold site

- Current holding income of $236,595pa + GST (approx) from multiple tenancies

- Last opportunity to develop in Pacific Rise

- Close to train, bus and Auckland's motorway network

With a childcare facility and cafe immediately adjacent to the site, the property lends itself to a range of potential uses allowed under the Business Park Zone (20.5m height limit) and an existing consent provides for over 5,000sqm of GLA.

Positioned close to Sylvia Park, New Zealand's largest retail site, this property offers a significant development with substantial holding income and key transport links nearby. With options to redevelop the entire site, or simply land bank for the future, this is prime real estate in a tightly held location.

Tender closes 4pm, Thursday 6th December 2018

Bayleys House, 30 Gaunt Street, Auckland Central

For further information on this property or any further property requirements, please contact:

James Valintine

021 023 71 868


Sunil Bhana

021 938 660