• Body Corporate instructs the sale of the freehold land and existing structure
• Formerly the Ridge Apartments: 33 apartments plus 60 carparks over 7 levels
• Vibrant location nestled between Auckland’s CBD and Ponsonby
• A truly unique add value opportunity in this tightly held precinct
Consider all add-value options; office, retail, residential, or a mix of all. The development-intensive Mixed Use zoning allows for a wide range of uses. Look to take advantage of the existing structure and add value in this highly sought-after position.
The location borders the Auckland CBD and neighbours the wealthy suburbs of Ponsonby, Wynyard Quarter, St Marys Bay, Freemans Bay, and Herne Bay. New apartment complexes have been built and upgraded offices house major tenants including MediaWorks, New Zealand Police, Alliance Print, and Hynds.
The Ridge Apartments provided spacious apartments, most with decking. Many enjoy panoramic views across the city to inner harbour, others look over Mercy Hospice’s serene park grounds to Ponsonby.
Instructions have been given by the Body Corporate committee to sell the sizeable 1,665sqm (approximately) freehold landholding and existing structure as is where is.