17-27 Beresford Square, Auckland Central, Auckland

CBD Development Site - By K. Road CRL Station

- Rare freehold CBD 1,777sqm development site
- North-facing, elevated corner site with dual road frontages
- $755,250 + GST p.a. holding income from CRL lease
- City Centre zoning: 35m height allowance under the Auckland Unitary Plan
- Strategic city location, directly opposite CRL station entrance
- A must view for all developers and land bankers

An unparalleled opportunity to acquire a truly prime central city development site. Located in one of Auckland's hottest growth locations, just off Karangahape Road, this site offers an unobstructed northerly aspect, with panoramic views and with multiple road frontages. This prime 1,777sqm development site is zoned Business - City Centre, allowing for an intensive development of up to 35 metres (subject to volcanic viewshafts)

The property is currently subject to a lease to CRL Limited returning approximately $755,250 + GST p.a. which will provide a substantial holding income, whilst a developer works through the consenting process.
All investors, developers and land-bankers must consider this strategic land holding.