7 Elliot Rose Avenue, Albany, North Shore

Prime Albany Site - Metropolitan Centre Zoning

· 10,640sqm (approximately) freehold land with triple street frontage in the heart of Albany
· Zoned Metropolitan Centre allowing high-rise mixed-use development (up to 72.5m height)
· Holding income of approximately $75,000 per annum plus GST from Wilson Parking
· Strategic location opposite Albany Bus Station and close to Westfield, Massey University, and motorway links

7 Elliot Rose Avenue presents a rare opportunity to secure a large-scale development site in the heart of Albany's commercial precinct. Comprising 10,640sqm (more or less) of freehold land, the site enjoys a prominent corner position with frontages to Cornerstone Drive, Kaipiho Lane, and Elliot Rose Avenue.

Currently utilised as a gravelled pay-and-display car park operated by Wilson Parking, the property generates holding income of approximately $75,000 per annum. An early termination clause allows for redevelopment flexibility and short lead times.

Zoned Metropolitan Centre under the Auckland Unitary Plan, the site allows for high-intensity development including residential, commercial, office, hotel, and mixed-use activities - with a permitted building height of up to 72.5 metres. The location is directly opposite the Albany Bus Station and a short distance from Westfield Albany, Massey University, and the Northern Motorway network, making it ideal for a wide range of end uses.

The site's regular shape, excellent exposure, and flexible zoning make it a compelling option for developers and investors seeking scale, profile, and long-term upside in one of Auckland's fastest-growing metropolitan centres.

Act Now - Tender Closes 4:00 PM, Thursday 3 July 2025 (unless sold prior).

Don't miss out - contact us today for the information pack!

Tommy Zhang
+64 21 760 889
tommy.zhang@bayleys.co.nz

Michael Nees
+64 21 182 3085
michael.nees@bayleys.co.nz