This is the opportunity you have been waiting for. 540 Great South Road offers a rare combination of immediate scale, holding income, and exceptional future potential.
Positioned on a massive 3,667m² Freehold corner site with huge road frontage, this property is a strategic acquisition in one of Auckland’s most critical growth corridors.
Currently operating as a 38-unit accommodation complex with a spacious manager’s residence, the asset provides a robust turnkey cash flow from day one. However, the real value lies in the upside. Whether you are an operator looking to drive revenue through revitalised management, or a developer seeking a flat, high-profile site with Business – Mixed Use zoning (allowing for significant intensification up to four storeys), this property delivers on all fronts.
With resource consent previously granted for a 64-room hotel expansion, the growth path is already proven. Located just minutes from the Otahuhu transport hub, Middlemore Hospital, and Auckland Airport, the fundamental demand drivers here are unbeatable.
KEY FEATURES:
- 3,667m² (approx.) Freehold land on a highly visible corner
- 38 versatile units with a two-bedroom manager’s flat
- Zoned Business – Mixed Use for high-density redevelopment
- Previous consent for expansion demonstrates the site's true capacity
- Short drive to Auckland Airport and walking distance to major transport and medical hubs
- Ideal for an active operator to modernise operations and maximise yield
Opportunities of this calibre, combining land value, income, and future flexibility, are incredibly rare. Secure your future today.
Contact the listing agents for the full information memorandum or to arrange a private viewing.