Medical/Office Building on 567sqm Land with RC


81 Remuera Road, Newmarket

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Medical/Office Building on 567sqm Land with RC | 81 Remuera Road, Newmarket | 1689665 |      X Close
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Medical/Office Building on 567sqm Land with RC


- 567sqm fee simple site zoned Business Mixed Use with 27m height overlay

- Resource Consent in place for 7-level apartment or accommodation development

- Existing character building returning $90,600 + GST p.a. with termination clauses

- Double Grammar zone position a short walk from Broadway

- A rare opportunity with appeal for developers, owner-occupiers and land bankers

This high profile character commercial property has something for everyone. The property has a resource consent in place for a 7 level, 39 unit apartment or accommodation development and is currently returning $90,600 + GST p.a with termination clauses in the leases. The property has a history of proven medical tenants and offers a holding income to developers looking to take advantage of this prime position. Termination clauses also provide owner occupiers the opportunity for occupation in the short or long term.

The property is located in zone for Auckland Boys and Epsom Girls Grammar Schools and is just a short walk from the Broadway shopping and hospitality precinct, home to the new Westfield Mall. This high profile position also benefits from fantastic motorway and public transport links.

Call now for further information.

81 Remuera Road, Newmarket

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