1, Melrose Street, Newmarket, Auckland City
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1 Melrose is a 364m² freehold parcel just off the Khyber Pass arterial with easy access to bus routes, motorways and easy walking distance to Newmarket.
Situated between two train stations, and double Grammar Zone, the immediate area is in a transitional phase from industrial warehouse to retail with several large-scale education, accommodation and commercial developments underway nearby; taking advantage of the new 72 metre height zoning in Newmarket.
The improvements, visible from Khyber Pass, consist of a single level structure with rear mezzanine totalling circa 390m², are configured into two self contained tenancies. The high stud character showrooms feature excellent profile, natural light, exposed brick walls and polished concrete floors.
The property is subject to one tenancy until late July 2018, the balance of the property is being sold vacant. These occupancy arrangements provide a blank canvas for occupants, astute investors and developers alike.
After 12 years of ownership the owner is changing tack and a genuine seller. Do not miss the opportunity to purchase a quality offering in an improving location.