1,012sqm North-Facing Development Site
740, Manukau Road and 1 Turama Road, Royal Oak, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 209.00 m²
- Land Area
- 1012.00 m²
- Property ID
- 1,012sqm development site on two fee simple titles
- North facing corner position with huge profile in established retail precinct
- Business - Town Centre zoning with additional height allowance
- Strategic and versatile site with numerous potential development options
An unparalleled opportunity to acquire a high profile, prime city fringe development site. Located in an established residential and retail position, this site offers a wide northerly aspect, with three effective frontages, and potential 360 degree views, providing a range of future commercial or residential development options. The property is currently tenanted by a childcare centre, with a final lease expiry in February 2019.
Under the Auckland Unitary Plan, the site benefits from an additional building height overlay further adding to the attractiveness of this already prime position. All developers and land bankers must consider this strategic land holding, which is poised to take advantage of this established retail precinct and continuing demand for quality city fringe residential accommodation. With extensive work already being done towards resource consent for a five level mixed use development, this is an opportunity not to be missed.
Call the sole agents for further information.