1,782m² Freehold site located at 141 Hobson Street in the CBD. Zoned Business - City Centre (high density).
KEY DETAILS:
• More than 90 car parks
• High lease income
• High income potential
• Street frontage on arterial road
• Close proximity to SkyCity and the New Zealand International Convention Centre (NZICC)
• 50 metre height limit presents numerous opportunities
• Benefits from the City Rail Link (CRL) development and SH1 proximity
This property affords a new owner several opportunities. Refurbish, reconfigure and add value to the existing structure. Medium-term transformation of the entire site, including demolition of the existing improvements to best utilise the 50-metre height limit that the zoning affords.
The property is extremely well-positioned to benefit from current local development projects, including the City Rail Link, New Zealand International Convention Centre and adjoining Horizon Hotel.
There are more than 90 car parks across the entire site with high income potential. Also, numerous on-site customer car parks are spaced along the approximately 30 metre street frontage - a rarity in the area.
CBD sites of this size don't come available often. Don't miss your opportunity to create your own history with this incredible property - call the listing agent today!
See this listing on Barfoot & Thompson