Key features:
• High-profile position opposite Alexandra Park
• 3,557sqm (approximately) accommodation complex configured as a 40-room motel with conference facilities, on-site pool and parking
• The property is offered with vacant possession or as a freehold going concern
A substantial 2,763sqm (more or less) freehold landholding across two titles in the tightly held Greenlane West corridor, presented to the market after long-term ownership. The existing improvements provide flexibility for purchasers seeking a going concern operation, refurbishment strategy, or staged holding position.
Zoned Residential-Terrace Housing and Apartment Buildings, the site supports future intensification within Auckland's central isthmus. The scale of the landholding and zoning intensity underpin the long-term redevelopment potential of the property.
Located opposite Alexandra Park and within Double Grammar Zone, the asset benefits from proximity to ASB Showgrounds, Cornwall Park, Greenlane Hospital, Newmarket and key motorway connections.
The property is offered with vacant possession or as a freehold going concern.
