962-974 New North Road, Mt Albert, Auckland

High-profile Mt Albert site with huge upside

• Freehold standalone investment with huge development or add-value potential
• Underpinned by 974sqm land zoned Business - Town Centre (18m height)
• High profile position in Mt Albert Village just metres from Mt Albert train station
• Existing character improvements with potential for split-risk cashflow
• Opportunities for add-value investors, land bankers and developers

This is a rare chance to secure a superb 974 square metre landholding, underpinned by favourable Business - Town Centre zoning, which permits development up to 18 metres, suitable for residential or mixed-use development.

The property comprises a high profile block of seven retail shops with residential tenancies above and car parking at the rear. Occupying a prominent position on New North Road in the Mt Albert Village, the property is located opposite the Mt Albert Train Station and surrounded by an established residential catchment.

A sought-after opportunity for add-value investors, developers and landbankers - call now for further information.