• 809sqm (approx.) two-level standalone building
• Freehold 419sqm (more or less) land holding zoned Business – Mixed Use (18m)
• Flexible lease terms in place providing opportunities for a range of purchasers
• High profile position close to Ponsonby Rd and the CBD
• Options for owner occupiers, add value investors and developers
Bayleys Real Estate are proud to offer this strategic and versatile freehold property for sale, by way of Tender closing 4pm Wednesday 12th June 2024 (unless sold prior).
194 Great North Rd is now on the market for sale after long-term family ownership This property will appeal to a wide range of buyers, including occupiers, add-value investors and developers.
The property sits on a 419sqm site zoned Business - Mixed Use. It features an 809sqm building set over two levels. The ground level offers a spacious blank canvas with a generous stud height and loading dock access, while Level 1 is leased to an established art school with flexible lease terms.
The surrounding area has seen significant investment, and well-known brands such as Bunnings, Woolworths, Harvey Norman, Fisher and Paykel, and Giltrap Group have increased their presence.
Several high-end apartment developments have been completed and are in progress, taking advantage of the Business - Mixed Use zoning, which allows for future development up to 18m.
Whether it be new premises for your business, an add-value project, or a future development site, this property demands your attention. Call now!