Positioned in Allenton's industrial area, this substantial landholding offers scale, income, and long term flexibility for investors, developers, and land bank buyers.
Spanning more than 3.5 hectares (approx.) across four titles, the property combines genuine industrial development potential with established holding income, providing purchasers with the opportunity for future redevelopment, asset repositioning, or long-term land banking. Multiple tenancies, including a prominent anchor tenant, provide diversified rental income and a solid investment profile.
Zoned Industrial A, the property presents an exciting opportunity to explore future subdivision and development potential, subject to the necessary council approvals and requirements. Whether you choose to unlock the land over time, create additional industrial sites, or simply hold this substantial parcel as a strategic land bank, the scale and zoning provide plenty of scope for future possibilities.
An adjacent property, 105 Alford Forest Road, is also offered for sale further extending the development opportunities. Set on 1.72 hectares (approx.), this property includes a substantial five-bedroom brick home, a large separate workshop, an industrial building and plenty of open land and yard space including an area leased to the anchor tenant for 113 – 119 Alford Forest Road.
In addition to the industrial properties, 103 Alford Forest Road, a residential property with its own character-filled house and separate workshop set on approx. 1300sqm, is also available for purchase.
Available for purchase individually or as one combined portfolio, these properties represent a rare combination of scale, income, zoning, and future potential in a prominent Allenton location.
Purchase price is plus GST (if any)
103 Alford Forest Road : https://www.bayleys.co.nz/5531592
105 Alford Forest Road : https://www.bayleys.co.nz/5531634
Further information : http://propertyfiles.co.nz/5531566
