• Freehold vacant site offering blank canvas in sought-after Auckland CBD location

• Elevate site with northwest aspect

• Holding income from 13 parking lots

• Favourable City Centre zone enables huge development potential (50m general height control)

This is a generously rectangular site in heart of Auckland education precinct with walking distance to AUT, University of Auckland's city and Grafton campuses. The area is also home to numerous apartment blocks and close to number of private tertiary providers around the area.

First time to the market in 17 years, the site is benefit from an elevated position with potential to have sweeping views to the city's landscape once developed.

The current zoning under the Auckland Unitary Plan - Business City Centre supports a variety of future uses up to 50m general height control including commercial and residential; it provides plenty of scope to add significant value through high-rise development.

The property is within easy walking distance to Queen and Symonds streets, both of which are main bus routes, and have easy access to Auckland's motorway network.