476 New North Road is a Freehold landholding in a central position in the Kingsland Village retail and hospitality strip, directly opposite Eden Park. The Kingsland Station on the Western Line adjoins the rear boundary.
The Kingsland catchment is one of the biggest beneficiaries of the City Rail Link, with direct travel to the city centre materially reducing journey times and service frequency increasing to up to eight trains per hour during peak periods.
The 589m² freehold site has a street frontage of approximately 23 metres and provides access for vehicles. Zoned Business - Local Centre with a 13-metre height limit, proposed Plan Change 120 indicates building heights of up to 15 storeys across the walkable catchment surrounding Kingsland Station.
The standalone building totals approximately 660m², comprising ground-floor retail and warehouse space with vehicle access, a 120m² upper level, and several car parks along the street frontage.
KEY FEATURES:
• Prime Freehold Kingsland Village site of 589m²
• Standalone building of approximately 660m²
• Broad frontage and vehicle access
• On-site car parking
• Business - Local Centre zoning, current 13 metre height limit, with Plan Change 120 proposing up to 15 storeys
• $156,000 + GST per annum income
• A major beneficiary of the City Rail Link
A rare opportunity to secure a Freehold holding in one of Auckland's strongest village retail strips with income in place and genuine intensification upside.
Contact now for further details.
See this listing on Barfoot & Thompson
