This property offers an exceptional opportunity to acquire a consented apartment/terrace housing development site in a highly sought after Auckland address with some existing tenants paying holding income.
This freehold development property of circa 2,076m2 is situated in a central location with access to train stations and bus routes right at your fingertips. The existing owner has already done most of the hard work achieving an approved resource consent for 72 apartments over two buildings and an additional 6 terrace houses at the rear the site. Already on the site is a three level office building partially tenanted to provide some holding income for the incoming developer. This property is a ‘must see’ for any astute developer, it has size, road frontage, zoning and location, it doesn’t get any better than this!
+ Already consented for 72 apartments + 3 offices over two buildings plus 6 terrace houses
+ Freehold land area of approx. 2,076m2 with wide road frontage and easy contour
+ Zoned Business - Mixed Use allowing intensification and multiple uses
+ Holding income from existing approx. 1,317m2 three level office building
+ Walking distance to train station, bus routes, shopping centres and amenities
+ A development site that has it all!
+ Desirable school zoning - Epsom Girls Grammar & Auckland Boys Grammar
103-105 Great South Road is being offered to the market by way of Deadline Private Treaty closing at 4pm on 16 June 2021 (unless sold prior). For more information or to arrange a viewing please contact the exclusive CBRE agents listed below;