Development Opportunity By Sylvia Park


248, 250, 250A Mt Wellington Highway, Mt Wellington

By Negotiation

Download Email
Development Opportunity By Sylvia Park | 248, 250, 250A Mt Wellington Highway, Mt Wellington | 1751910 |      X Close
Image
Description

Development Opportunity By Sylvia Park


Large level land holding in three (3) titles comprising a combined size land of 2374sqm (approx) for 248, 250 and 250A Mt Wellington Highway, Mt Wellington. All of the houses are currently tenanted.

248 Mt Wellington Highway (CV $650,000) is currently tenanted at $400.00 per week on a periodic basis.

250 Mt Wellington Highway (CV$780,000) is currently tenanted at $600.00 per week on a periodic basis.

250A Mt Wellington Highway (CV$975,000) is currently tenanted at $620.00 per week expiring at the end of August 2019.

Under the proposed Auckland Unitary Plan, it allows for Terrace Housing and Apartment Building Zoning. Major projected office and retail growth in the surrounding areas have already begun.

A very rare possible City Fridge residential development site next to a Major Shopping Center catering and providing retails for this area is hard to come by. You are walking distance to the railway station, bus stops and has easy access to motorways. Your opportunity to explore your options now.

Jenny Kek

Remuera

Licensed under the REA Act 2008

View profile

Jenny Kek

Remuera

Licensed under the REA Act 2008

View profile