Mt Wellington
160 Marua Road, Mt Wellington, Auckland
+15
Development gold on Marua - explore the options
Key features:
• Large freehold landholding totalling 3,137sqm (more or less)
• One of the last under-developed sites on Marua Road
• Excellent location within close proximity to Lunn Avenue
• Vacant possession - ideal for owner-occupiers, developers and land bankers
Well positioned with a large road frontage onto Marua Road, this is an extremely rare development opportunity in a highly desirable industrial and commercial location. The property provides a substantial fee simple landholding over two (2) titles, with a standalone industrial building occupying a portion of the site. The building comprises medium stud workshop space supported by first-floor office accommodation. Purchasers have options to either refurbish the existing improvements or redevelop as part of a larger development scheme. Given the prime location within close proximity to Lunn Avenue, Sylvia Park and a large surrounding residential catchment, there are considerable occupier and development opportunities that could be explored.
Zoned Business - Light Industry and located within an industrial precinct with low vacancy rates, all developers, owner-occupiers and land bankers should consider.
William Gubb
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
James Valintine
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Features
Land bank
Large site across two titles comprising a total land area of 3,137sqm (more or less).
Opportunity
Under-developed site provides a variety of potential development options.
Location
Conveniently located close to the motorway, local amenities and a large residential catchment.
