• 1,363sqm (more or less) freehold Metropolitan Centre zoned site
• Sub Precinct C provisions providing for unlimited height
• Existing car parking income assists with holding costs
• Immediately adjoining Takapuna’s largest public car park with approximately 420 spaces
A rare opportunity to secure a substantial freehold landholding in the heart of Takapuna, positioned within one of the most intensive planning environments on Auckland’s North Shore.
For land bankers, 11–13 Northcroft Street provides the opportunity to acquire a flat, regular 1,363sqm site in a tightly held location and participate in the longer term growth and evolution of Takapuna. Existing income from the established car parking operation provides a return while future options are considered, offering the ability to simply hold the property and retain maximum flexibility over timing.
For developers, the property sits within Takapuna Sub Precinct C, where the planning framework provides for unlimited height and a broad range of high density residential and commercial outcomes, subject to the usual planning and consenting requirements. The scale and configuration of the site provides the platform for a substantial future development, with the concept imagery demonstrating one potential vision for the property.
Surrounded by significant public and private investment, established amenity, transport infrastructure and Takapuna Beach, opportunities to secure undeveloped land of this scale and zoning in central Takapuna are increasingly scarce.
