- Premium 1,897sqm (more or less) freehold corner site with Mixed Use zoning
- Elevated ridgeline position with north-facing harbour views
- 27m height overlay - a significant development advantage
- Versatile 2,189sqm (approximately) building with showroom, office and warehouse
- Short-term holding income of approximately $640,000 + GST p.a. (net)
This landmark property is being offered to the market for the first time in generations, presenting an unparalleled opportunity to secure a premium Great North Road address. Positioned on the tightly held ridgeline, the elevated 1,897sqm (more or less) freehold corner site boasts breathtaking north-facing harbour views, Business - Mixed Use zoning and a rare 27m height overlay - providing developers with a significant advantage over other ridgeline sites.
Currently home to Auckland City Toyota, the 2,189sqm (approximately) building offers a versatile mix of showroom, office, and warehouse space with vehicle access off Mackelvie Street. A short-term holding income of approximately $640,000pa + GST (net) will support the future owners while they formulate their plans.
Just a short walk from Ponsonby Road and K' Road, the site is surrounded by premium amenities including high-end retail, trendy cafes and restaurants, Woolworths and luxury car showrooms. A truly rare chance for developers, add-value investors or owner-occupiers to secure a prized city fringe asset.
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Contact us and have your questions answered.