Mission Bay - Prime Location with Exceptional Exposure

Description

Tender: Closes on Wednesday 27 November 2024 at 4:00PM (unless sold prior)
This vacant 809m² freehold site adjoins the popular Kepa Road Retail Shops and is currently used as a car park with a total of 30 parking spaces, generating interim holding income. The absentee Vendor has eleven of the car parks currently leased (subject to change), offering the potential to further increase the sites income with active management.
293 Kepa Road is zoned Business Neighbourhood Centre Zone, which applies to small retail strips within residential neighbourhoods. This zoning typically allows for buildings up to three storeys high, with residential use permitted on the upper floors. Any development is expected to complement the surrounding residential environment.
Situated on the arterial Kepa Road, this property enjoys excellent visibility and is surrounded by a dynamic mix of commercial, residential, and recreational spaces. Its prime location offers easy access to Aucklands CBD and is just minutes from Eastridge Mall, Mission Bay Beach, and other key amenities.
Opportunities in this highly sought-after central area are extremely rare, making this a unique opportunity for buyers.
For detailed information about this offering and the sales process, please contact Neno directly. Viewing on site is by appointment.
The vendor is motivated to sell, presenting a great opportunity for potential buyers.