Exceptional owner-occupier or future development opportunity.
Offered to the market for the first time in 38 years, this well-positioned freehold property combines solid holding income with long-term development potential in one of Auckland's most dynamic and rapidly evolving Mixed-Use zones.
With a generous landholding, income in place, and flexible zoning that allows for a wide range of uses - including residential, commercial, retail, and light industrial—this is the type of asset that rarely becomes available.
Property highlights:
• First time on the market in 38 years
• 759sqm (more or less) of freehold Mixed Use zoned land
• 281sqm (approximately) building returning holding income
• Circa $66,000pa + GST and outgoings from existing tenancy
• Near new roof offering low-maintenance peace of mind
• Brand new driveway just completed
• Mixed Use zoning with a 16m to 21.5m height limit
• Incredible flexibility - develop, occupy, invest or landbank
Positioned in a high-growth area with excellent connectivity and strong fundamentals, this property is extremely well-priced and will not stay on the market for long.
Don't miss your chance to secure a prime foothold in a tightly held location.
Contact the exclusive agents today for a full information pack or to arrange your private inspection.