This well located commercial property is just minutes from the CBD and main road connections, offering a rare opportunity in a tightly held area. Sitting in a flexible commercial zone, it’s ideal for owner-occupiers, investors or developers looking to unlock serious potential by repurposing these versatile buildings or a new high-rise development
The substantial two-level building comes with 20 plus onsite car parks, which is a real bonus this close to the city. With a height allowance of up to 27 metres, there’s plenty of scope to redevelop in the future, or you could upgrade the existing structure for a range of uses like offices, retail, light industrial, gyms or even places of assembly.
Currently on short-term leases, the building provides holding income while you decide on your next move. Whether you plan to renovate and occupy, lease it out, or completely redevelop, this is a blank canvas ready for your vision.
The site is walking distance to the CBD which makes it close to key amenities and transport links, making it even more appealing. This is a smart opportunity to secure a versatile commercial property with strong add value potential in a location that's only becoming more in demand.
Features:
- Land area: 1,401m²
- Floor area: 1,050m² (approx.)
- Capable highrise 27m
- Excellent onsite carparks
- Opportunity to repurpose the building
- Close to CBD and main roadways
- Commercial zone allows a multitude of uses
More information: https://www.colliers.co.nz/p-NZL67034687
