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Listing Description
Listed: Thu, 29 Jan
DEVELOPERS, LAND BANKERS, OWNER-OCCUPIERS
89 College Hill, Freemans Bay, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Hotel/Leisure |
| Property ID# | ADY949 |
| Agency reference | 4077957 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149720005&sellerId=0 |
Description
Positioned in one of Auckland’s most sought-after city fringe locations, this rare offering presents a prime slice of Ponsonby real estate with exceptional development potential.
Zoned Business - Mixed Use and sitting proudly on 612m² of land, this charming villa currently returns a strong holding income of $157,040, offering you flexibility to land bank, develop, or occupy.
With a 13m height allowance under the unitary plan to the rooftop, this site is brimming with opportunity. Add to that the city views now and possible sea views at full build height, and the development upside becomes undeniable.
Whether you're looking to create a landmark project, secure a strategic landholding, or enjoy the Ponsonby lifestyle with income, this is a must-see.
KEY FEATURES:
- Prime Ponsonby location, walkable, desirable, and central
- Business - Mixed Use zoning provides flexible development potential
- 612m² land area
- 307m² floor area
- $157,040 holding income
- On-site car parking
- 13m build height to the rooftop
- City views and possible sea views from full height
Contact the listing agent to request more information or arrange a viewing.