Buyers fired up as tile showroom site goes up for sale
The two-level showroom and office property on Great North Road is renowned among home decorators and renovators as the home of Middle Earth Tiles – an acclaimed producer of hand-made, artisan tiles for over 40 years.
The upstairs office is now vacant and Middle Earth Tiles’ showroom lease has a short term to run.
The property is expected to appeal to owner-occupiers and investors, along with buyers seeking to unlock its strong redevelopment potential in a precinct which is sprouting numerous apartment and mixed-use projects.
The freehold land and building at 136/138 Great North Road, Grey Lynn, Auckland, are being marketed for sale by Stuart Bode of Bayleys Northwest.
The property will go under the hammer at an auction on Wednesday 2 November, unless it is sold prior.
Bode said the property encompassed an approximately 688-square metre building on some 435 square metres of land, with dual street access and seven car parks.
The building’s ground floor houses a showroom area of over 300 square metres with exceptional exposure to high traffic volumes on one of the city fringe’s busiest arterial roads. Level one offers some 386 square metres of character office accommodation.
“The building sits on a regular-shaped, rectangular site with prominent frontage to the city end of Great North Road plus secondary access and frontage to Putiki Street at the rear.
“These characteristics, along with development-friendly zoning, will heighten the site’s attractiveness for future redevelopment,” Bode said.
Business – Mixed Use zoning under Auckland’s unitary plan allows for a wide range of residential and commercial possibilities, with a maximum allowable building height at the site of 27 metres.
“This part of the Great North Road ridge is home to some of New Zealand’s premiere car dealerships and has also seen the rise of numerous quality apartment complexes thanks to its proximity to Ponsonby and the Auckland CBD,” said Bode.
Notable apartment developments along Great North Road in recent years include 217 North, North Apartments, Ariki Apartments, The Dylan, Aston Apartments and The Barrington.
The site for sale is surrounded by mostly smaller commercial and light industrial properties.
Bode said significant warehouse and office space along Great North Road had been converted into retail/showroom uses in recent times.
“Positioned around 400 metres from the key junction with Ponsonby, Karangahape and Newton roads, the site for sale sits within 2.5 kilometres of the central city.
“The retail strips of Ponsonby and Karangahape roads are within walking distance, offering access to a range of bars, cafes and restaurants,” Bode said.
Contact us
