Freehold motel or future development

Key features:

• 2,763sqm (more or less) freehold landholding across two titles
• 38-room motel with conference facilities, pool and manager’s accommodation
• Residential – Terrace Housing and Apartment Buildings zoning
• Vacant possession offered with flexibility for “as is, where is” sale or freehold going concern
• Grade B - 70% NBS Standard

A compelling opportunity to secure a substantial freehold landholding with an established accommodation asset in one of Auckland’s tightly held central isthmus locations.

The property comprises a 2,763sqm (more or less) site across two titles, currently improved by a 3,557sqm accommodation complex configured as a 38-room motel. The improvements include a mix of room types supported by conference facilities, manager’s accommodation, onsite pool and parking.

The existing configuration provides flexibility for purchasers to continue motel operations, reposition the business or undertake refurbishment, while benefiting from holding income potential.

Zoned Residential - Terrace Housing and Apartment Buildings, the site supports high-density residential development and long-term intensification, underpinned by its scale, zoning and central location.

Positioned prominently on Green Lane West opposite Alexandra Park, the property benefits from excellent connectivity to the Auckland CBD, Greenlane Clinical Centre, ASB Showgrounds and Newmarket, and has close proximity to both North and Southbound motorways.

Offered to the market following long-term ownership, the property is offered for sale with vacant possession on an "as is, where is" or freehold going concern basis.

Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz

Harjot Sodhi
+64 22 078 6991
harjot.sodhi@bayleys.co.nz

Beterly Pan
+64 21 139 2228
beterly.pan@bayleys.co.nz