• Substantial 20,511sqm (more or less) freehold site in a central Addington location
• Holding income from the former Court Theatre building
• Mixed Use zoning with significant development potential
• Strategic city-fringe location with easy access to major transport routes
Positioned in the highly sought-after Addington precinct, this rare 20,511sqm landholding is one of the largest single-site opportunities to come to the market. The property provides a compelling opportunity for developers, land bankers, and forward-thinking investors.
Currently, the site generates a holding income from the former Court Theatre building, with a net lettable area of approximately 2,800sqm. The building itself offers future leasing or repositioning potential, providing flexibility for the new owner.
The property's Mixed-Use zoning, substantial size, and strategic city-fringe location create a wide range of development possibilities for both residential or commercial development, subject to council approval. Its proximity to key transport links and the area's established amenities makes it an attractive prospect for a variety of future uses. Addington's continued growth, driven by strong commercial and residential activity, underscores the value of this rare offering.
For further information, please see www.propertyfiles.co.nz/5528297 or contact the sole agents today to arrange an inspection.
