Premier Grey Lynn Corner Site - Multiple Options
174-190, Great North Road, Grey Lynn, Auckland City
- Proposed Usage
- Development Site
- Floor Area
- 734.00 m²
- Land Area
- 1810.00 m²
- Property ID
- 1,810 square metres (more or less) of prime Great North Road freehold land with existing building
- One of the last north facing high profile corner sites left in this precinct
- Business - Mixed Use zoning allows intensive residential and commercial development
- Holding income in place from leases with demolition clauses in place
- It's been tightly held for over 30 years - don't miss this rare opportunity
Occupiers, developers and land bankers must explore all of the options this sizeable land holding provides, with favourable zoning allowing for a wide range of uses, including residential, to a maximum height of 18.0 metres, with existing building providing further options.
The existing buildings provide a number of possible options for a range of occupiers.
Grey Lynn's Great North Road is quickly developing into a popular City Fringe boulevard. Many boutique apartment developments have been completed and nearby, Bunnings is nearing the completion of its new store, Giltrap Audi is next door and other nearby business include John Andrew Ford, Giltrap Prestige, the almost complete Independent Prestige site, Auckland City Toyota and a number of residential apartment complexes.
This location is well serviced by public transport, vibrant Ponsonby Road is a short walk away and the Auckland CBD is close by. The property is located approximately 600 metres from the intersection of Ponsonby, Karangahape and Newton Roads, and provides ease of access to the main motorway systems.
Tightly held by family interests and operated as a successful motor vehicle sales outlet for many years, this is a rare offering of such a strategic property in this location.
This property is offered for sale by Tender closing 4pm, Tuesday 9th May 2017 (will not be sold prior), Bayleys House, 30 Gaunt Street Auckland. All viewings are by appointment with the sole agents and a comprehensive Information Memorandum is available upon request.
Mike Adams 021 977 527
Cameron Melhuish 021 479 882