Once in a lifetime prime opportunity

573-575, Glenfield Road, Glenfield, North Shore City

Tender

Proposed Usage
Retail
Floor Area
791.20 m²
Land Area
2861.00 m²
Description:
Property ID
1c6l3y6

• Once in a lifetime opportunity to acquire one of North Shore's last remaining future substantial development sites
• Fully tenanted returning net $350,217pa + GST
• 3 titles on a substantial freehold land holding of approximately 2,861sqm
• Strategic high profile elevated corner site


Opportunities such as this seldom come available to the market. Comprising a multi-tenanted property of 11 tenancies, 573-575 Glenfield Road represents an excellent medium-long term development opportunity strategically positioned on a high profile elevated corner site with dual road exposure facing Glenfield Road and Wairau Road.

Take advantage of the property's favourable Business Neighbourhood Centre zoning which provides a range of substantial development options - with a potential multi-level mixed use complex with sea views one of many options to consider (bulk and location proposed plan available upon request). Or alternatively consider additional immediate development options to maximise the current site.

A unique opportunity to acquire a well-performing investment with long term development potential; one which will surely represent a future trophy property for years to come.

Enquire about this property

Glenfield Area