- Premium 1,897sqm (more or less) freehold corner site with Mixed Use zoning
- Elevated ridgeline position with north-facing harbour views
- 27m height overlay - a significant development advantage
- Versatile 2,189sqm (approximately) building with showroom, office and warehouse
- Short-term holding income of approximately $640,000 + GST p.a. (net)
This landmark property is being offered to the market for the first time in generations, presenting an unparalleled opportunity to secure a premium Great North Road address. Positioned on the tightly held ridgeline, the elevated 1,897sqm (more or less) freehold corner site boasts breathtaking north-facing harbour views, Business - Mixed Use zoning and a rare 27m height overlay - providing developers with a significant advantage over other ridgeline sites.
Currently home to Auckland City Toyota, the 2,189sqm (approximately) building offers a versatile mix of showroom, office, and warehouse space with vehicle access off Mackelvie Street. A short-term holding income of approximately $640,000pa + GST (net) will support the future owners while they formulate their plans.
Just a short walk from Ponsonby Road and K' Road, the site is surrounded by premium amenities including high-end retail, trendy cafes and restaurants, Woolworths and luxury car showrooms. A truly rare chance for developers, add-value investors or owner-occupiers to secure a prized city fringe asset.