Takapuna site for sale with plans for residential and retail complex
Artist’s conception of a residential and retail development at 33A, 33 and 35 Anzac St, Takapuna
A strategically positioned development site with buildings, holding income and plans for a multi-unit apartment and retail complex is being offered for sale near the commercial hub of Takapuna.
“This sale provides an excellent opportunity for a fast tracked apartment development to be acquired and commenced with most of the time-consuming preparatory works already completed,” says Tim Bibby of Barfoot & Thompson North Shore Commercial who, with colleagues Bruce Jiao and Gary Seekup, is marketing the property at 33A, 33 and 35 Anzac St for sale by tender closing at 4 pm on Wednesday November 12, unless it sells earlier by negotiation.
“The current owners have commissioned plans for an apartment complex providing for a total of 62 apartments plus two retail units and two levels of basement parking with 65 car spaces that would be accessed from the quieter Auburn St,” Bibby says.
The property comprises four titles on the corner of Anzac St and Auburn St. It has four existing buildings - three two-level buildings on the road front of the 33A, 33 and 35 Anzac St and a single level dwelling at the rear of 33 Anzac St.
“The property consists of a relatively flat site on the slightly elevated northern side of Anzac St. It offers city views with a clear line of sight from ground level and these are enhanced from the first floors of the three road front buildings,” says Bibby.
He says the concept developed for the site envisages a mix of one and two bedroom units with generous spaces and decks overlooking the city or Lake Pupuke and across to the Waitemata Harbour and Rangitoto Island.
“A six story block is planned for Anzac St that would play an important role at the corner with Auburn St while an additional eight story block, with outlooks in each of the four directions, would maximise coverage.”
The current plan provides for 23 single bedroom units, 38 double bedroom units and one three bedroom unit. A cafe would occupy retail space on the Anzac St and Auburn St corner alongside another small commercial unit.
“The development allows for a generous communal courtyard and a lap pool along the northern boundary,” Bibby says.
Seekup says the property is immediately across the road from Takapuna Primary School and within easy walking distance of most of Takapuna’s restaurants, cafes, bars, boutique retail shops and Takapuna Beach.
“A bus stop is on the opposite corner and dual on-ramps to the State Highway One motorway are a short distance to the west at Esmonde Rd and Northcote Rd,” he says.
“The block of properties in the precinct bordered by Auburn St, Killarney St, Anzac St and Lake Pupuke Drive are zoned Residential 8 under the current North Shore District Plan. This provides for more intensive, quality developments and is designed to encourage the amalgamation of smaller sites to form development parcels,” says Seekup.
Jiao says residential real estate agents and particularly apartment specialists have advised there is a very strong and unsatisfied demand for apartments in the Takapuna area.
He says the vendors will provide the successful buyers with a resource consent as well as the intellectual property and the planning and development contacts for the proposed project.
“Vacant possession is expected to be no less than six months following settlement with a minimum of six months’ notice given prior and a holding income offered in the interim,” Jiao says.