Newmarket - Future Development Site

8-10 Roxburgh Street, Newmarket

By Negotiation

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Newmarket - Future Development Site | 8-10 Roxburgh Street, Newmarket | 1692440 |      X Close

Newmarket - Future Development Site

• Two level mixed use building plus warehouse and a residential villa in Double Grammar Zone

• A total of 1,318sqm fee simple land in two titles

• Short term leases with huge scope for rental growth

• Once in a lifetime opportunity for investors, developers and land bankers

Twin sites totalling 1,318sqm are positioned in the midst of one of Auckland's key urban intensification hotspots, and one of the last remaining underdeveloped sites with scale and residential zoning credentials.

8 Roxburgh Street comprises a two level commercial building with a small showroom and office on the ground floor, adjoining warehouse at the rear, and level one provides a one bedroom apartment plus study.

10 Roxburgh St comprises a three level residential villa of approximately 194sqm built in the early 1900's.

Revitalisation projects such as Scentre Group's Westfield Newmarket redevelopment and The University of Auckland's Newmarket Campus extensive building programme have further crystallised the area for developers' and investors'.

Tenancy Details:

Short term leases for the commercial - $60,500pa + GST and residential $41,600pa incl GST. Full details are available on request.

8-10 Roxburgh Street, Newmarket

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