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Parnell Residential block on mixed use land

511 Parnell Road, Parnell

Office Building
dollar

Tender

Land area
619m2
Title type
Freehold
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Tender

Wednesday
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09
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Property details

Listing # 1781413 | Listed on 6 August
  • Block of five residential investment flats (4x two-bedroom & 1x one-bedroom)
  • Recently refurbished and ready for immediate occupation
  • Sought-after Parnell location, with excellent access to amenities and transport
  • 619sqm (more or less) freehold corner site zoned Business – Mixed Use
  • Multi-unit residential investment or future development site

511 Parnell Road comprises a block of five character investment flats, located on a prominent Parnell corner position. Following a recent refurbishment, the property is now offered with vacant possession ready for immediate occupation. The property is underpinned by 619sqm of freehold land zoned Business – Mixed Use, providing future redevelopment options.

Located in one of central Auckland's most sought-after residential suburbs, the property benefits from easy access to Auckland CBD, Newmarket and Remuera as well as being a short walk from the retail and hospitality amenities provided by Parnell Village and Newmarket’s Broadway.

A scarce opportunity for residential investors in a tightly held, desirable location, with future development potential. Call now for further information.

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