Vacant Motel: Residential Development Opportunity
Favoured by instructions received from the vendor, Ray White Commercial is pleased to offer for sale by tender 565 Mount Albert Road, Royal Oak, Auckland.
- Large, freehold corner 1,967 m2 site
- Res 6A Zoning / Mixed Housing-Urban under PAUP
- Vacant Possession
- Prominent Epsom / Royal Oak address
- 12 Unit Motel with 3 bedroom Managers Residence
- Refurbish, Re-position or Redevelop
- Work to do, Outstanding Add-Value Opportunity
Centrally located in Royal Oak, midway between the City and the Airport, this large, freehold, 1,967m2 north facing property is strategically positioned on the corner of Hillsborough Road and Mount Albert Road. The property is to be sold with vacant possession.
Comprised of 12 well appointed, self-contained units and 13 on-site car parks, this established property also features a pool with private courtyard, a laundry room, storeroom and two garages. In addition to the main motel, there is a detached three bedroom manager's house with a lounge, dining room, kitchen, bathroom and office. The motel is within walking distance of the Royal Oak shops and the Three Kings Mall and is located on the main route to the airport with motorway access from the nearby Hillsborough Road on-ramp.
Opportunities to secure similar added-value corner-sites in the tightly held central suburbs of Royal Oak / Epsom, are exceptionally rare and highly sought after.
This property is being offered for sale by tender, closing 4:00 pm Wednesday, 11th March, 2015 (unless sold prior) and interested parties are invited to contact the sole agent below for more information.
- Large, freehold corner 1,967 m2 site
- Res 6A Zoning / Mixed Housing-Urban under PAUP
- Vacant Possession
- Prominent Epsom / Royal Oak address
- 12 Unit Motel with 3 bedroom Managers Residence
- Refurbish, Re-position or Redevelop
- Work to do, Outstanding Add-Value Opportunity
Centrally located in Royal Oak, midway between the City and the Airport, this large, freehold, 1,967m2 north facing property is strategically positioned on the corner of Hillsborough Road and Mount Albert Road. The property is to be sold with vacant possession.
Comprised of 12 well appointed, self-contained units and 13 on-site car parks, this established property also features a pool with private courtyard, a laundry room, storeroom and two garages. In addition to the main motel, there is a detached three bedroom manager's house with a lounge, dining room, kitchen, bathroom and office. The motel is within walking distance of the Royal Oak shops and the Three Kings Mall and is located on the main route to the airport with motorway access from the nearby Hillsborough Road on-ramp.
Opportunities to secure similar added-value corner-sites in the tightly held central suburbs of Royal Oak / Epsom, are exceptionally rare and highly sought after.
This property is being offered for sale by tender, closing 4:00 pm Wednesday, 11th March, 2015 (unless sold prior) and interested parties are invited to contact the sole agent below for more information.