Property main details

Commercial

  • Sold For $7,750,000
  • Retail Property

Specifications

  • Property Type
    Retail Property
  • Building
    2835 m2
  • Land
    3478 m2

PRIME GREENLANE DEVELOPMENT SITE

Centrally positioned within Greenlane's premium motor vehicle dealership precinct, 251-253 Great South Road is surrounded by major car dealerships; Peugeot, Hyundai, Kia, Renault, Volvo, Land Rover, Jaguar, Citroen, Subaru and Isuzu. The property is directly adjacent to a KFC Restaurant with a BP Service Station opposite. With 60 metres of frontage to Great South Road and over 16,000 cars passing the site daily* this property represents a prime redevelopment opportunity encircled by some of Auckland's most affluent residential suburbs.

Under both the current operative and proposed unitary plans, the site has the potential to be developed into a new motor vehicle dealership, a fast food restaurant, retail premises, offices or a service station.

Key Investment Considerations:

- Substantial, 3,478m2, freehold site.
- Returning $297,697 + GST per annum net.
- 60 metres of road frontage to Great South Road.
- Strategically positioned in Greenlane's premium motor vehicle dealership precinct.
- High traffic count with over 16,000* cars passing the property daily.
- Significant redevelopment potential under the existing and proposed unitary plan.

251-253 Great South Road is offered for sale by tender, closing 4:00pm, Thursday 7th May, 2015 (unless sold prior), and investors are invited to contact the exclusive agent for more information in relation to this prime Greenlane property.

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If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

251-253 Great South Road Greenlane, Auckland City
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