255 and 259 Morrin Road, St Johns, Auckland

Receivership sale with significant upside

• Receivership sale - substantial mixed-use landholding with immediate upside
• Expansive 23,148sqm (more or less) freehold site across two titles
• Existing 4,795sqm (approximately) industrial facility providing strong holding income and redevelopment clauses
• Flexible Business - Mixed Use zoning with future development potential

A landmark Eastern Auckland landholding is offered for sale under receivership, presenting a rare opportunity to secure scale, income, and significant redevelopment potential. Located at 255 & 259 Morrin Road, the 23,148sqm (more or less) freehold site spans two titles within a rapidly evolving mixed-use precinct.

The property includes a 4,795sqm industrial-style facility with an A-Grade 80% NBS rating, generating holding income via short-term leases. The balance of the site is fully serviced vacant land, suited to large-scale residential, commercial, or mixed-use development.

Receivership sale terms - no representations and warranties, including as to
information. Due diligence required