1,177m² MIXED USE SITE - $1,550,000

Onehunga, Auckland City

$1,550,000

Proposed Usage
Development Site
Floor Area
599.00 m²
Description:
Property ID
1bzw69r

This property represents an extremely rare opportunity to acquire a Mixed Use site with future redevelopment potential. This site has many strategic benefits including elevated views across Gloucester Park and the Manukau Harbour.

The property comprises a 1,177m² freehold parcel of land with over 44 metres of frontage on the Mall. An existing building has a total floor area of approximately 598m² over four levels which is partially leased.

To the south of the building is circa 500m² of land that is undeveloped. The zoning allows for a 21m height limit, maximising the development add value opportunity. Available are some site plans that shows the potential of a development for this site.

Handily located in close proximity to Onehunga's main retail centre & train station, the building offers versatility for a range of businesses. Given the flexibility that Mixed Use zoning allows for, the area has undergone transformation in recent years with a trend toward the development of residential apartment buildings and lower intensity commercial use.

This property represents a unique offering that will suit investors, developers and land bankers. For further information please contact us for a copy of the information memorandum.

KEY FEATURES
• 598m² commercial building on 1,177m² site
• Zoned Mixed Use
• Main road frontage
• Elevated property with extensive views
• Substantial on-site car parking at front & rear
• Development opportunity
• Inspections by appointment

Enquire about this property

Onehunga Area