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Grey Lynn

356 Great North Road, Grey Lynn, Auckland

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400sqm Land area SQM
260sqm Floor area

Grey Lynn: income, upside and opportunity


• High profile 400sqm site with dual street access
• Multi-tenanted, returning $70,000pa + GST of holding income
• Favourable zoning permits intensive future development
• Affordable opportunity in a tightly held precinct!

This high profile 260sqm (approximately) building with Residential - THAB zoning, dual street frontages and three commercial tenancies, offers something for everyone.

Occupiers, add-value investors and developers need to closely consider this exclusive opportunity to secure a piece of the sought-after Great North Road ridge.

Fast developing into a popular city fringe boulevard, there are many high end boutique apartment developments completed and underway. Commercial developments to keep pace with this growing neighborhood include a new Bunnings and Countdown supermarket.

The plentiful amenities of Ponsonby Road are a walk away plus there is easy access to Auckland's CBD, motorway interchanges and public transport.

Committed vendor wants this sold - be sure not to miss this one.

For Sale by Negotiation
James Were

James Were

Commercial, Development and Investment Sales

Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Land area breakdown


High profile 400sqm site with dual street access

Passing income


Multi-tenanted, returning $70,000pa + GST of holding income

Zoning


Favourable zoning permits intensive future development

Opportunity


Affordable opportunity in a tightly held precinct!