188sqm
floor area
2,024sqm
land area
Location | Conveniently located close to State Highway 1 and with good access to public transport networks and a wide range of amenities |
Opportunity | One of the few remaining development sites in the vicinity |
Passing income | Leased to multiple tenants returning $169,310.44 net p.a. + GST |
Zoning | Zoned General Business, there are a variety of potential development opportunities |
• Holding income from two established operators
• Combined 2,024sqm (more or less) land area across two titles
• Desirable General Business Zone allows a variety of options to be explored
• Suitable for developers, future owner-occupiers and add-value investors
Rarely do development opportunities come available in this tightly held precinct. There is huge scope to develop the last remaining site on Lunn Avenue and be amongst some extremely well-recognised national and international brands. The site comprises approximately 2,024sqm of land across two titles with a small 188sqm (more or less) industrial building at 36 Lunn Avenue, located at the rear of the site. For sale with holding income in place, there are a variety of options that can be considered by developers, owner-occupiers and add-value investors.
Situated 3.5km off the Mt Wellington State Highway 1 interchange, 21km from the Auckland International Airport and 10km to the Auckland CBD makes this one of the most desirable commercial and industrial locations.
For further information, please contact:
James Valintine
+64 21 023 71868
james.valintine@bayleys.co.nz
William Gubb
+64 21 145 6811
william.gubb@bayleys.co.nz
Sunil Bhana
+64 21 938 660
sunil.bhana@bayleys.co.nz
Jordan Brown
+64 21 144 9825
jordan.brown@bayleys.co.nz
Licensed under the REA Act 2008
Mobile: +64 21 023 71868 |
Office: +64 9 375 7431 |
james.valintine@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 145 6811 |
Office: +64 9 213 9943 |
william.gubb@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 938 660 |
Office: +64 9 375 8438 |
sunil.bhana@bayleys.co.nz |
188sqm
floor area
2,024sqm
land area
Location | Conveniently located close to State Highway 1 and with good access to public transport networks and a wide range of amenities |
Opportunity | One of the few remaining development sites in the vicinity |
Passing income | Leased to multiple tenants returning $169,310.44 net p.a. + GST |
Zoning | Zoned General Business, there are a variety of potential development opportunities |
34 and 36 Lunn Avenue, Mt Wellington
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 023 71868 |
Office: +64 9 375 7431 |
james.valintine@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 145 6811 |
Office: +64 9 213 9943 |
william.gubb@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 938 660 |
Office: +64 9 375 8438 |
sunil.bhana@bayleys.co.nz |
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