Colliers is proud to present a partially completed residential development opportunity in the heart of Albany, offered to the market by Mortgagee sale. The property comprises 10,896sqm of Business – Local Centre zoned land across three separate titles, providing purchasers with the flexibility to acquire the site individually or in one line. With consent in place for 126 apartments and 140 basement car parks, the project represents a substantial residential development opportunity within Auckland’s rapidly evolving North Shore metropolitan centre.

Significant progress has already been made on site. Earthworks on the main site have been completed and two levels of basement parking are largely constructed, providing a meaningful head start for an incoming developer. The scale of the existing works represents a considerable investment already embedded in the project, allowing purchasers to leverage the progress made and focus on delivering the next stages of construction.

The development sits within a well-considered master-planned precinct, designed to create a sense of privacy and urban cohesion while remaining close to Albany’s extensive amenity. The location places future residents within easy reach of Westfield Albany, Albany Lifestyle Centre, Massey University, and North Harbour Stadium, along with excellent connectivity to the wider North Shore and Auckland motorway network.

Offered for Mortgagee Sale, this is a genuine opportunity to secure a well-advanced development project in a tightly held metropolitan location. The property is available to purchase either as a combined holding or as individual titles, providing flexibility for a range of development strategies.

The property is being marketed for sale by Expressions of Interest, closing Wednesday, 15th April at 4pm (NZT) (unless sold prior).

Josh Coburn 
+64 21 990 691

Shoneet Chand
+64 21 400 765

Features:

• 10,896sqm (combined) of Business – Local Centre Land
• Three titles
• Consented for 126 apartments and 140 basement car parks
• Significant improvements with basement construction well advanced
• Surrounding amenities include Westfield Albany, Albany Lifestyle Centre, Massey University, and the North Harbour Stadium sports facilities
• Three distinct opportunities – bought separately or as one

More information: https://www.colliers.co.nz/p-NZL67038981