A highly sought after Auckland address, located right in the heart of Double Grammar Zone. A building with this sizable land & street frontage is rare!
2076m2 Business Mixed Use Zone with approx 1317m2 three level building and 34 car parks is situated in a central location approx 5km to Auckland CBD. Nice rectangular shaped, approx 37 meters frontage & 56 meters in depth. Prominent location within the high growth nod of Epsom with some of the country's best private & public schools. Close edge to New Market commercial precinct, quick access to motorway, short distance to Market Rd Train Stations and bus routes on the door steps.
The existing Business Mixed Use zone is a highly accommodating and flexible zone favoured among developers as it provides both residential & business development opportunity. A resource consent has been granted for 78 dwellings with 82 undercover parks - 72 apartments + 3 commercial spaces over two buildings plus 6 terrace houses, total building area of the planned development is 9,732sqm. A scheme plan for a 5 level hotel of 120 rooms plus 45 car parks is developed by GEL Architects. A draft plan for building up to 10 levels with gross building area of 12680m2 by the GEL Architects which illustrates the better yield after the Auckland Council's zoning change for increasing the building limit in response to the government's National Policy Statement on Urban Development 2020 (NPS-UD).
Featuring: • Wide road frontage and easy contour, resource consented & ready for development now. • Business Mixed Use Zone allowing intensification and multiple uses. • 1317m2 Building space with 34 car parks- possibly a medical or an educational business headquarter in a superb location. • Walking distance to train station, bus routes, St Cuthbert, Kings, Dilworth & Diocesan schools. • In Zone for Epsom Girls Grammar, Auckland Boys Grammar. • Close to Newmarket & amenities, parks & domains surrounds as well as some of the country's best medical facilities.
A trophy site, property like this in such a prime location will vastly increase value by it's ever growing demands, option to develop the land now or keep it in your investment portfolio!