8,550sqm
floor area
10,640sqm
land area
|
4:00PM |
4 Viaduct Harbour Ave, Auckland
Car Parks | 32 On site |
See more at | www.11mcdonaldstreet.co.nz |
Zoning | Business - Mixed Use (under the Proposed Auckland Unitary Plan) |
- Substantial freehold site of 10,640 square metres (more or less)
- Business - Mixed Use zoning provides significant re-development potential
- Current income of $1.1 million + GST pa guaranteed until March 2019 and underpinned by New Zealand Post as anchor tenant
- Major growth location just 5.5 km from Auckland's CBD and supported by
strong transport links
This is your opportunity to secure a slice of what is poised to be a major City Fringe growth location. Re-zoning into Business - Mixed Use will see it transform from light industrial uses into a vibrant commercial and residential hub.
This significant freehold site is one of the largest in this location and offers enormous re-development potential. In the interim, an established cash flow is in place with a number of leases having provisions that provide continued rental growth. There is also potential to re-position industrial spaces into higher valued commercial uses.
In summary, this is a unique opportunity to secure a significant City Fringe landholding which offers a range of value enhancement angles. Developers, investors, add value investors and landbankers should not miss this opportunity.
See more at www.11mcdonaldstreet.co.nz
Licensed under the REA Act 2008
Mobile: +64 21 479 882 |
Office: +64 9 375 7496 |
cameron.melhuish@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 938 660 |
Office: +64 9 375 8438 |
sunil.bhana@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 945 927 |
Office: +64 9 375 8437 |
mike.houlker@bayleys.co.nz |
8,550sqm
floor area
10,640sqm
land area
|
4:00PM |
4 Viaduct Harbour Ave, Auckland
Car Parks | 32 On site |
See more at | www.11mcdonaldstreet.co.nz |
Zoning | Business - Mixed Use (under the Proposed Auckland Unitary Plan) |
11 Mcdonald Street, Morningside
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 479 882 |
Office: +64 9 375 7496 |
cameron.melhuish@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 938 660 |
Office: +64 9 375 8438 |
sunil.bhana@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 945 927 |
Office: +64 9 375 8437 |
mike.houlker@bayleys.co.nz |
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