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Freemans Bay

23 Hargreaves Street, Freemans Bay, Auckland

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1,665sqm Land area SQM
60 Offstreet

The ultimate city fringe blank canvas


• Body Corporate instructs the sale of the freehold land and existing structure
• Formerly the Ridge Apartments: 33 apartments plus 60 carparks over 7 levels
• Vibrant location nestled between Auckland's CBD and Ponsonby
• A truly unique add value opportunity in this tightly held precinct

Consider all add-value options; office, retail, residential, or a mix of all. The development-intensive Mixed Use zoning allows for a wide range of uses. Look to take advantage of the existing structure and add value in this highly sought-after position.

The location borders the Auckland CBD and neighbours the wealthy suburbs of Ponsonby, Wynyard Quarter, St Marys Bay, Freemans Bay, and Herne Bay. New apartment complexes have been built and upgraded offices house major tenants including MediaWorks, New Zealand Police, Alliance Print, and Hynds.

The Ridge Apartments provided spacious apartments, most with decking. Many enjoy panoramic views across the city to inner harbour, others look over Mercy Hospice's serene park grounds to Ponsonby.

Instructions have been given by the Body Corporate committee to sell the sizeable 1,665sqm (approximately) freehold landholding and existing structure as is where is.

Expressions of Interest
(unless sold prior)

18
Mar

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Cameron Melhuish

Cameron Melhuish

Associate Director - Capital Markets

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
James Were

James Were

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Land area breakdown


Formerly the Ridge Apartments: 33 apartments plus 60 carparks over 7 levels

Zoning


Business – Mixed Use (Plan 78 Change)

Location


Vibrant location nestled between Auckland’s CBD and Ponsonby

Opportunity


A truly unique add value opportunity in this tightly held precinct

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