DEVELOPMENT SITE/LANDBANK

Newton, Auckland City

By Negotiation

Proposed Usage
Development Site
Description:
Property ID
1c11mwc

Barfoot & Thompson are pleased to offer this very high profile development site on the corner of Newton Road and Exmouth Street for sale. Being a corner it benefits from unobstructed views and these are to the east and the north. They properties to the south and west are mature developments and if the full 21 metres development height as allowable under the Unitary Plan can be utilised, then views over these neighbouring properties may be possible for years to come.

Given the positioning in the fringe city and the profile, the site could be very attractive to commercial uses on the lower floors.

A small holding income is in place to a car parking operator and this may be terminated by either party with three months notice.

With the current development environment, this is a very logical mid-sized prospect. Not too big, not too small.

• 665m² metres site area
• Business - Mixed Use zoning
• 21 metre height control under PAUP
• Lease in place with early termination available.

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Newton Area