245 Ponsonby Road is a multi-storey villa currently configured as a mixture of commercial tenancies individual residential flats. It will appeal to owner-occupiers, investors, or developers.
The property currently has a single commercial tenant on a short lease, allowing flexibility should a purchaser wish to occupy, refurbish, or redevelopment, while also providing modest holding income.
Its position on the eastern side of Ponsonby Road is just a moment’s walk from Three Lamps Village and numerous popular cafes and eateries.
This central location and Town Centre zoning mean 245 Ponsonby Road has potential for a range of future uses: continued in its current form as a split commercial and residential investment; as a refurbishment project into any of the uses permitted under the unitary plan; as an individual development site; or as part of a wider multi-site development opportunity referred to below.
Note this property forms one of four adjoining properties currently on the market for sale separately or together. See below for the related listings:
42 Arthur Street: colliers.co.nz/p-NZL67014606
239 Ponsonby Road: colliers.co.nz/p-NZL67014603
243 Ponsonby Road: colliers.co.nz/p-NZL67014604
239-245 Ponsonby Road, & 42 Arthur Street: colliers.co.nz/p-NZL67014613
Contact the sole agents today for further information and to arrange an inspection of what must be considered an unmissable opportunity.
Features:
- 4 Car parks (fronting Ponsonby Road)
More information: https://www.colliers.co.nz/p-NZL67014605