CONSENTED SUPERMARKET SITE: FOR SALE OR LEASE

1/25, Corinthian Drive, Albany, North Shore City

$7,000,000

Proposed Usage
Retail
Description:
Property ID
1vr6sr1

Prime positioned road frontage site for a consented boutique supermarket as part of a brand new retail complex. The location is close to Westfield Albany and Massey University. With over 3,000 consented and partially constructed apartments that are coming to this area, this location bears huge future growth potential and needs to be looked at. With forecasted completion this time next year, the timing is right!

About the Development:

Orchard Park Retail Hub is the next stage retail development coming to Orchard Park. With building consents granted, constructions works are scheduled to commence this year with completion mid 2016. The complex will arguably have the most strategic and best road frontage position in the whole area, facing busy Albany Highway, corner to Data Way and Corinthian Drive. The Retail Hub will comprise three separate buildings, with a total of 11 shops and one large anchor supermarket. The complex will have a total of 87 non-exclusive carparks, with customers and visitors having shared use. Some of the retail units will come with outdoor covered and/or uncovered terraces, offering opportunities for retailers to set up additional seating.

The supermarket will have a floor plate of 974m² including rear bulk storage. Additionally, there are plans for a 77m² covered terrace and trolley base with road frontage position and a total of 184m² of covered walkway alongside the building. The rear of the building will have its own service lane and covered loading bay. Just under 50 per cent of the complex´ carparking will be dedicated to visitors of the supermarket.

Orchard Park:

The Retail Hub will be strategically placed between the existing business park at 17 Corinthian Drive and the recently completed Corinthian Retail, which is already busy with small retail businesses such as a tailor, hair salon and sushi place. Furthermore, Orchard Park's large childcare centre is currently under way and will be positioned adjacent to the Retail Hub. Also, works on a neighboring apartment building are soon to commence.


KEY FEATURES
• The large Boutique Supermarket (available for sale/lease) will form the complex's anchor tenant
• Several units come with terraces for outdoor seating
• Excellent location and visible position from Albany Highway
• Lease options available
• Contact Brian Paulin to discuss your investment requirements today!

Enquire about this property

Albany Area