- Affordable, under developed site in sought after Grey Lynn
- 344sqm (approx.) building on a 304sqm (more or less) freehold standalone site
- Business - City Centre zoning with development up to 15 metres permitted
- Currently returning $69,556.45 + GST p.a. (net)
- Opportunities for owner occupiers, add value investors, developers and tenants
Calling all owner occupiers, investors, add-value purchasers and tenants. 18 Newton Road offers a versatile building with ground floor comprising of high stud warehouse/ workshop space and full height roller door while level 1 offers office and/ or storage.
Owner occupiers and tenants, take advantage of this blank canvas opportunity and occupy immediately or create bespoke space for your business. Add value investors and developers, consider the angles this under developed site provides with the favorable Business - City Centre zoning allowing for a range of uses including residential and development of up to 15m
The property boasts a high profile, strategic position close to it while the area poised for significant growth upon the completion of the Karangahape Road Station as part of the City Rail Link works.
In summary, a versatile and affordable City Fringe opportunity not to be missed.
Call now for full information.
Bayleys House, 30 Gaunt Street, Auckland