2.2 hectare residential development opportunity
4-18, Fort Richard Road, Otahuhu, Auckland City
- Proposed Usage
- Floor Area
- 12270.00 m²
- Land Area
- 22825.00 m²
- Property ID
- 2.2 hectares Business Mixed Use under Auckland's new Unitary Plan
- Residential activity up to five levels
- Existing tenant with demolition clause
- Flexible site with two road frontages
- Holding income $1,129,141pa + GST
This site is well-located in Otahuhu to take advantage of local government
intensification strategies and the demand for affordable housing being within close
proximity to public transport and access to Auckland Motorway.
Zoned Business Mixed Use under Auckland's new Unitary Plan, the development of
this property could include a wide range of commercial and residential activities
including residential dwellings, residential care and visitor accommodation,
commercial offices, retail and educational facilities.
Consisting in total of 22,825sqm of freehold sites on Fort Richard Road together with a smaller retail property fronting on to Great South Road, which could provide
additional site access for any development opportunity.