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Consented corner site in Newmarket

10-12 Kingdon Street, Newmarket

Investment Opportunities
dollar

Negotiation

Land area
1194m2
Title type
Freehold
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Property details

Listing # 1697759 | Listed on 17 July 2024
  • Prime freehold development site total land area of 1,194sqm
  • Resource consent and stage one building consents granted for 11 levels of residential apartment
  • Excellent exposure and profile on the corner of Kingdon Street and Short Street
  • Double grammar zone with easy access to arterial routes

Situated in the heart of Newmarket, this site is surrounded by key landmarks and facilities including Westfield Newmarket, Auckland Domain, train stations, and Auckland Hospital. It boasts exceptional accessibility due to its proximity to motorway connections and the railway network, with Auckland CBD just an 8-10 minute drive or a 16-minute train ride away. Both Newmarket and Grafton train
stations are within walking distance, and the upcoming completion of the City Rail Link (CRL) is expected to further enhance the area's commercial and residential growth.

This freehold site offers the opportunity to develop a 31-meter-high structure comprising 84 residential apartments, 86 car parks, and two ground-floor retail units, totaling an approximate gross floor area of 10,364sqm. With all preliminary work completed, seize this chance to undertake a consented residential development in a prime, tightly held location.

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