A rare opportunity in Albany offers buyers the chance to secure a versatile live/work property in one of Auckland’s fastest growing commercial hubs.
Unit D1 at 18 Oteha Valley Rd Extension is part of the Lucas 18 development, a modern mixed-use complex that blends residential comfort with commercial practicality.
Dave Lane of NAI Harcourts is taking the property to auction on November 6 unless sold prior.
“What makes this unit stand out is its dual-purpose layout,” Lane says.
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On the ground floor, there is a 52sq m warehouse space with a medium stud height of 3.7m, a toilet, shower and access to a private rear deck overlooking green views. Upstairs, a sun-filled 55sq m apartment features one bedroom, a bathroom and an open-plan kitchen and lounge, ideal for those wanting to live on-site or lease out either component.
“This is a fantastic opportunity for someone looking to combine lifestyle and business in one smart investment,” says Lane. It is rare to find a unit with this configuration and flexibility, especially in such a well-connected location.”
With only five units in the complex offering this smaller, more affordable layout, Unit D1 is a standout. It is being sold with vacant possession, giving buyers the freedom to move in, lease out, or use the space for storage or additional parking.
The property also includes two allocated carparks and access to 17 visitor spaces throughout the complex. The building is constructed with reinforced concrete foundations, precast concrete panels and long run metal roofing, with double-glazed windows and aluminium joinery adding to its modern appeal.
Just 2km from the Oteha Valley Rd motorway interchange and around 15 minutes from Auckland’s CBD (off-peak), the site offers excellent connectivity. Albany Village, Westfield Albany, Massey University and North Harbour Stadium are all nearby, along with public transport links via the Albany bus station.
“The location is a huge drawcard,” says Lane. “You are close to everything from retail, education, transport, yet tucked away in a quiet, well-designed complex.”
Zoned Business-Light Industry under the Auckland Unitary Plan, the property supports a wide range of uses including industrial, storage, food and beverage, and accessory office or retail. The zoning allows for buildings up to 20m in height, subject to planning controls.
Lane says with a capital value of $810,000 (as of May 2024), Unit D1 presents a compelling opportunity for owner-occupiers, investors, or entrepreneurs looking for a flexible base in a thriving location.
- Supplied by NAI Harcourts
