8 Newton Road, Grey Lynn, Auckland

Superb Grey Lynn Standalone: Occupy or Invest

This superb Grey Lynn property is truly something a little different. It is an affordable City Fringe opportunity which offers significant versatility and is a definite must see for all owner occupiers and investors.

The strengths of this property include:
- An affordable multi-use Grey Lynn freehold standalone
- Spacious New York Loft style apartment with stunning views and generous decking
- Versatile ground floor suitable for showroom, commercial workrooms or office use or it could possibly be integrated with the New York Loft style apartment
- Mezzanine with further development potential
- On-site car-parking
- Grade B Seismic Rating (70% NBS)
- Premier position just a short walk to the vibrant cafe and restaurant precinct of Ponsonby Road, handy to Auckland's Central Business District and all motorway interchanges
- Favourable Mixed Use Zone under the Auckland District Plan
- Under the Proposed Auckland Unitary Plan the Zone for this location is Business City Centre.

The property is strategically located close to the intersection of Ponsonby Road and Great North Road, and enjoys a premier position in the highly sought after commercial and residential precinct of Grey Lynn. The thriving suburb of Ponsonby is a short walk away and provides convenience to an array of upmarket cafes, bars, restaurants, and upmarket shopping. Auckland's Central Business District is also located close-by as is Eden Terrace, Newmarket, and Kingsland. The location is well serviced by public transport routes, public and recreational amenities, and motorway interchanges are nearby.

The Ground Floor has been superbly refurbished and features strong character appeal with polished concrete flooring, exposed beams, and a first floor mezzanine area which offers further expansion potential. Overall, this stunning space presents a variety of options. It would be suitable for showroom, commercial workrooms or office use or it could possibly be integrated with the New York Loft style apartment on the Upper Level.

Upstairs comprises a New York Loft Style apartment with an impressive stud, and significant glazing ensures well lit living spaces plus attractive views. It consists of an open plan living and dining area, one bedroom with separate bathroom and amenities. Plenty of outdoor entertaining area is provided by generous decking.

A superb investment opportunity with genuine future add value prospects.