2.2 hectare residential development opportunity

4-18, Fort Richard Road, Otahuhu, Auckland City

Tender

Proposed Usage
Industrial
Floor Area
12270.00 m²
Land Area
22825.00 m²
Description:
Property ID
1bz8w9d

- 2.2 hectares Business Mixed Use under Auckland's new Unitary Plan
- Residential activity up to five levels
- Existing tenant with demolition clause
- Flexible site with two road frontages
- Holding income $1,129,141pa + GST

This site is well-located in Otahuhu to take advantage of local government
intensification strategies and the demand for affordable housing being within close
proximity to public transport and access to Auckland Motorway.

Zoned Business Mixed Use under Auckland's new Unitary Plan, the development of
this property could include a wide range of commercial and residential activities
including residential dwellings, residential care and visitor accommodation,
commercial offices, retail and educational facilities.

Consisting in total of 22,825sqm of freehold sites on Fort Richard Road together with a smaller retail property fronting on to Great South Road, which could provide
additional site access for any development opportunity.

Tenders Close (unless sold prior)
Closing 4pm, Monday 11th December 2017
Bayleys House, 30 Gaunt Street, Auckland.

Enquire about this property

Otahuhu Area