Mt Eden Investment with Development upside
• 965sqm (more or less) freehold site
• Business - Mixed Use zoning providing intensive development potential
• Fully leased to an established tenant returning $55,641pa + GST per annum
• Prominent, high-profile position in one of Auckland's most tightly held city fringe precincts
An outstanding opportunity to secure a strategically positioned freehold investment with significant future upside. Occupying an elevated and regular-shaped 965sqm (more or less) site, the property is fully leased to a long-established dental practice, providing immediate holding income while future options are explored.
Benefitting from Business - Mixed Use zoning, the property offers exceptional scope for future commercial, residential or mixed-use redevelopment (subject to all necessary approvals). Its prominent profile, excellent on-site parking and proximity to Mt Eden Village, Dominion Road amenity, the CBD and key transport connections further enhance its enduring appeal.
Whether your strategy is to landbank, add value over time, redevelop, or occupy in the future, this is a rare opportunity to acquire a highly versatile asset in one of Auckland's most sought-after city fringe locations.
• Business - Mixed Use zoning providing intensive development potential
• Fully leased to an established tenant returning $55,641pa + GST per annum
• Prominent, high-profile position in one of Auckland's most tightly held city fringe precincts
An outstanding opportunity to secure a strategically positioned freehold investment with significant future upside. Occupying an elevated and regular-shaped 965sqm (more or less) site, the property is fully leased to a long-established dental practice, providing immediate holding income while future options are explored.
Benefitting from Business - Mixed Use zoning, the property offers exceptional scope for future commercial, residential or mixed-use redevelopment (subject to all necessary approvals). Its prominent profile, excellent on-site parking and proximity to Mt Eden Village, Dominion Road amenity, the CBD and key transport connections further enhance its enduring appeal.
Whether your strategy is to landbank, add value over time, redevelop, or occupy in the future, this is a rare opportunity to acquire a highly versatile asset in one of Auckland's most sought-after city fringe locations.
Key features
Land bank
965sqm (more or less) freehold site
Zoning
Business – Mixed Use zoning
Opportunity
Exceptional scope for future commercial, residential or mixed-use redevelopment (subject to all necessary approvals).
Lease
Fully leased to an established tenant returning $55,641pa + GST per annum
Need help with finance?
Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.


