Prime CBD Freehold Site - Invest or Develop!

4, Hobson Street, City Centre, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
1123.00 m²
Land Area
455.00 m²
Description:
Property ID
1bpyj7g

- Superb purchasing opportunity with land approx. 455sqm - add value or future development site
- Freehold standalone 5-storey building in tightly-held location
- Zoned SMA1 (Residential Precinct), special height controls plus BFAR 6:1, MFAR 13:1
- Holding income with significant potential rental upside
- One of the last chances to acquire a CBD development site such as this!

Offered to the market is a fantastic opportunity to secure yourself valuable land/building in Auckland's CBD. Currently a five level building, the property comprises two levels of offices, two levels of residential with a penthouse, and ground floor of nine car parks, with a floor area of approx.1,123sqm.

The site is well positioned along Hobson Street with excellent frontage, and offers significant development potential in a strong location just off Fanshawe and Wolfe Street. The Viaduct and Britomart precinct surround the property, with Hotel Grand Chancellor across the road.

Calling all investors, owner occupiers, land bankers or developers - opportunities such as this are rarely available to the market.
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City Centre Area