Strategic Grey Lynn Corner Site
606, Great North Road, Grey Lynn, Auckland City
- Proposed Usage
- Floor Area
- 257.00 m²
- Land Area
- 1079.00 m²
- Property ID
â¢ 1,079sqm fee simple land holding in sought after Grey Lynn location
â¢ High profile elevated corner position with potential 360 degree views
â¢ Favourable zoning allows for residential and commercial development
â¢ Flexible tenancy with $90,000 + GST p.a. holding income in place
â¢ Strategic development, add value or land bank opportunity
This high profile North facing corner site brings with it a range of exciting potential uses: Take advantage of the elevated position and favourable zoning with a full scale mixed use development, offering potential 360 degree views; Further develop the site commercially or residentially and hold; or simply land bank this strategic site.
Considerable work has been done towards obtaining resource consents for both a mixed use apartment / retail development and a 94 room accommodation facility (further information available by request). Holding income of $90,000 + GST p.a. is in place, with the potential to extend the lease with the current tenant.
Located in a sought after Grey Lynn position, this high profile property offers convenient access to supermarkets, popular restaurants, bars and cafes, public transport links and motorways, along with all the amenities which Grey Lynn provides.
Do not miss this versatile strategic opportunity, call now for further information.