Colliers International is proud to present 108 Greys Avenue to the market, to be sold via Expressions of Interest, closing at 4.00pm, 10 March 2021 (unless sold prior).
108 Greys Avenue is an outstanding opportunity in a market starved of redevelopment sites.
The site is a rare freehold CBD opportunity; its size, location and current zoning all equate to an outstanding offering to redevelop or reposition a prime CBD asset.
With a site area of 3,091sqm and improvements of 5,710sqm, the site presents a unique development opportunity in a rapidly gentrifying part of Auckland CBD. The Business - City Centre zoning allows for a range of potential redevelopment options. The close proximity to the new CRL station on Karangahape Road and the substantial on-site improvements will provide purchasers with a variety of options.
The site is currently owned and occupied by the Auckland Hebrew Congregation and utilised by the Kadimah School. The vendor will continue to occupy the site until mid 2022 or possibly 2023, at which time the Auckland Hebrew Congregation and the school relocates to Remuera.
Contact either of the sole agents today for more information. All inspections by appointment only!
Features:
- Many options and uses exist for a comprehensive redevelopment
- 5,710sqm of improvements that could be utilised for a range of alternative uses
- Strategic Land Holding of 3,091sqm
- Short term lease back option until approximately mid 2022
- Close proximity to Karangahape Road, motorway junctions and the new CRL station
- Favourable City Centre Zoning
- Stunning outlook over Myers Park
- Extensive frontage to Greys Avenue
More information: https://www.colliers.co.nz/p-NZL67013641
