Prime Parnell Development Site

25-33, The Strand, Parnell, Auckland City

By Negotiation

Proposed Usage
Industrial
Floor Area
512.00 m²
Land Area
950.00 m²
Description:
Property ID
1c4hl0z

• Rare freehold Parnell development site complete with resource consent
• 950sqm of land with dual road frontages to The Strand and Augustus Terrace
• Returns $124,770 + GST p.a. from established tenant with termination clause
• Resource Consent granted for an 8-level commercial building with car parking

Rarely do freehold development sites in such a strategic location become available to the market. Take advantage of Resource Consent in place for 3,429sqm of office, 776sqm of retail, and 47 carparks. Or, consider your own development options for this premier site.

The premises is fully leased to Bridgestone New Zealand Limited and is returning $124,770 + GST p.a. The tenant has occupied the premises for over 25 years, with the current term expiring on 30th November 2022 (12 month termination clause in place).

A unique opportunity to secure a very high profile freehold development.

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Parnell Area