Commercial

Strategic position adjacent Henderson station

2 Smythe Road, Henderson

Investment Opportunities
dollar

Deadline Sale

Floor area
700m²
Land area
1224m²
Title type
Freehold

Map

Property description

Listing # 1781596|Listed on 17 September
  • Freehold development site of 1,224 sqm
  • Central position and near the Auckland Film Studio complex
  • Development options favour a multi-level carpark or a BTR style project
  • Henderson train station within a one-minute walk

This is a rare, strategically positioned development site in the heart of Henderson Central. Situated immediately adjacent to Auckland Council's Te Puna Creative Hub, opposite Laidlaw College, and close to the Auckland Film Studio complex, the site benefits from an exceptional location - just one minute's walk from Henderson Station, West City Mall and is one of the closest development sites available.
The existing warehouse, office and storage building dates from the mid-1950s and, while in fair condition, adds little to the site's overall value. With the lease running through to October 2027, the highest and best use is redevelopment. Concept plans have already been prepared for a boutique five-level Build-to-Rent (BTR) residential project, offering a head start for developers. Alternative options - including on-grade or multi-level carparking - should also be considered, giving buyers flexibility to shape a project around market demand. The Business - Metropolitan Centre zoning further supports this flexibility, allowing for a wide range of residential, commercial, community and light industrial uses.

Your notesYour notes
Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial

Layne Harwood

Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial
12 active listings
Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial

Craig Smith

Bayleys Real Estate Ltd (Licensed: REAA 2008) - Auckland Commercial
10 active listings

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