339-361 Great North Road, Grey Lynn, Auckland

Grey Lynn - Outstanding Development Site

• 2,832sqm freehold landholding on six titles with three road frontages
• Highly sought-after location with elevated panoramic sea views
• Resource Consent in place for 84 units across two buildings
• Holding income of $316,217 + GST p.a. from multiple tenants
• Buy one site or buy both sites

This rare 2,832 sqm parcel of freehold land comprises six adjoining titles that stretch 81 metres along Great North Road, between Harcourt Street and Elgin Street. With three road frontages, panoramic north-facing views to the sea and an excellent profile on Great North Road, this property is supremely positioned to become a successful mixed-use development in one of central Auckland's most sought-after apartment and terraced housing neighbourhoods.

A resource consent has been obtained for two buildings of six and seven levels respectively, including commercial spaces on the ground floor and 84 residential dwellings in total across the development, for a combined GFA of 9,063sqm. This landholding is superbly located on the coveted north-facing stretch of Great North Road ridge in Grey Lynn. This site is available in two blocks, buy one or both sites.

Call now for further information.