This 771m² development site located on the fringe of the CBD, provides substantial current tenancy income.
Within walking distance to schools such as Auckland Grammar, Newmarket School, Parnell District School and ACG Parnell College. Whilst being less than a kilometre to motorway access and the Auckland Domain.
The new National Policy Statement (NPS-UD) provides a potential framework for qualifying sites to significantly enhance the location envelope to an allowable minimum height of six levels. The current zoning is Mixed Housing Suburban.
There are 11 on-site parks to accommodate the nine units that provide income.
For more information, please enquire through Wayne Muir.