- 1,363sqm Metropolitan Centre zoned site
- Takapuna Sub Precinct C zoning allowing for “Unlimited Height”
- Immediately adjacent to Takapuna's largest public carpark with 420 spaces
- Booming location with a range of recent public and private investment
Introducing the only vacant lot in Takapuna's unlimited height zone exclusive to four blocks in this sought-after location. The property presents an efficient 1,363sqm flat and rectangular site suitable for immediate redevelopment or land banking/investment with a range of future development options including high density residential or commercial use. Holding income from a carparking operator will offset holding costs while any future development plans are consented.
The property benefits from its strategic location in central Takapuna and is within close proximity to a range of amenity including supermarkets, retail, hospitality and public transport infrastructure. In December 2024, retail spending in Takapuna rose 3.1% year-on-year while Auckland overall declined about 2.1% during the same period. Transaction volume also increased by 4.3% demonstrating the strong defensive qualities of this high socio-economic location which underpin the property and any development aspirations.