Held by the same family for nearly 50 years, Colliers are excited to be exclusively appointed to market this substantial development opportunity at 1 Oteha Valley Road, Northcross, Auckland for sale by way of Expressions of Interest (EOI) closing at 4pm, Thursday 8 July 2021 (unless sold prior).
Totalling 13,786m² in land area across 3 contiguous titles, this site represents one of the largest single residential development opportunities on Auckland’s North Shore today.
Located in one of Auckland’s key metropolitan areas, the property benefits from extremely close proximity to Albany town centre & SH1, only 4 minutes to Browns Bay beach. The current zoning permits for a high density development with direct access to all necessary infrastructure.
The property also benefits from holding income from a number of short term tenancies across the site.
All enquiries, requests for further information and arrangements to undertake inspections in relation to this opportunity are to be directed to the sole agents, Colliers.
Features:
- 13,786m² large strategic land holding
- Close proximity to Albany, SH1, Browns Bay and Silverdale
- Residential – Terraced Housing and Apartments Buildings (THAB) Zoning
- Fantastic exposure and connectivity to key arterials
- Holding income from existing tenants
- Full suite of relevant reports available in our data room
- 4 minutes to Browns Bay beach
More information: https://www.colliers.co.nz/p-NZL67015210
