Profile Standalone with Development Upside


91 Newton Road, Eden Terrace

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Profile Standalone with Development Upside | 91 Newton Road, Eden Terrace | 1680704 |      X Close
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Profile Standalone with Development Upside


- Large 1,310 sqm corner site with massive profile

- Favourable Mixed Use zoning provides significant commercial and residential development potential

- Two buildings, residential accommodation + car parking

- Short term holding income in place of $125,280 + GST p.a.

- Develop, occupy or add value to the existing buildings

After 26 years of occupation in this strategic high profile position, the decision has been made to sell. This high profile property consists of two workshop buildings, a residential apartment and 23 car parks, all of which are leased on short term basis.

This prime corner site provides significant opportunities for developers and owner occupiers. Developers, look to take advantage of this sizeable Mixed Use site, complete with unobstructed Northerly aspect.

Owner occupiers, take advantage of this high profile site as showroom / office / residential, or a combination.

In summary, a hugely versatile opportunity which demands further attention from all astute purchasers.

see more at www.91newton.co.nz