OCCUPY, LAND BANK OR DEVELOP
Avondale, Auckland City
- Proposed Usage
- Property ID
• 825m² Freehold site
• Zoned Mixed Use under Auckland Unitary Plan
• Development to 21 metres
• Established tenant providing $40,000 per annum plus GST and outgoings
Avondale is on the western railway route and is well positioned to take advantage of the improvements that Auckland Council are making to the rail network, including the City Rail Link, which will substantially increase the frequency and usage of trains.
The current car yard tenant is on a one year lease with rights of renewal following a market rent review. This provides the opportunity for an astute investor to add value by securing a long term lease in a property with proven tenant appeal. Similarly, owner-occupiers can secure a high profile position in an affordable price range.
The subject property is located on the southern side of Rosebank Road, just to the east of the Avondale strip retail shopping precinct. This location will be positively impacted by the significant infrastructure projects currently underway, specifically the new motorway interchange, which will dramatically improve access and accessibility to Auckland Airport and central city.
With an easy walk to the Avondale train station and close proximity to State Highway 20 and State Highway 16 on-ramps, this site sits in a prime and rapidly growing location that is ripe for development.
For further information on this property or any further property requirements, please contact:
022 580 8866