A strategically located development on the western edge of Panmure’s town centre presents an unparalleled opportunity for astute developers seeking a site with significant potential.
3 Kings Road, Panmure is a 2,853 square metre freehold site, currently operating as a council carpark, with two access points that allow for a "drive-through" concept, adding convenience and ease of access for future patrons.
A true blank canvas, the simple rectangular property shares a boundary with the Panmure Historical Society & Stone Cottage Museum, a culturally significant landmark in the area.
As Panmure undergoes a surge in growth and experiences a series of infrastructure upgrades, this prime land is poised to benefit greatly and become a key contributor to the thriving Panmure community.
Start your property search
Vendors Eke Panuku Development Auckland recognises the potential of this site, and its development has been earmarked as playing a critical role in the strategic plan for the wider revitalisation of Panmure.
Eke Panuku is seeking a partner to collaborate with on this transformative project, presenting an opportunity to be part of the rapid growth and development in Panmure.
3 Kings Road, Panmure is now on the market via JLL, for sale by Deadline Private Treaty closing 4pm, Thursday 23rd November 2023.
JLL Broker, Kevin Reardon, highlights the exceptional location of 3 Kings Road in Panmure as a significant highlight of the property, offering abundant potential to the fastest-acting buyer.
“Positioned near the heart of Panmure town centre, 3 Kings Road is set to benefit from the ongoing revitalisation that’s breathing new life into the area,” says Reardon.
“The recent establishment of the Train Station and Eastern Bus Lane enhances the connectivity and accessibility of the site and surrounding area.
"With improved transport links, more customers will be drawn to the town centre, resulting in a flourishing community and greater potential for success.”
Nearby amenities in east Auckland are a drawcard for consumers, says JLL Broker, Tommy Zhang, with a range of retail stores, and dining and entertainment establishments just a short distance away from 3 Kings Road.
“Centrally located, this site offers easy access to surrounding suburbs and a host of desirable amenities,” says Zhang.
“Howick, Botany Town Centre, and Sylvia Park in Mount Wellington are just a stone’s throw away, ensuring convenience for residents, customers, and businesses.
"The location enables future occupants to benefit from the nearby attractions while capitalising on Auckland’s growing demand for quality urban neighbourhoods.”
“The site at 3 Kings Road offers an abundance of development options, and easy access to the property to enable a vision to come to life,” adds JLL Co-Head of Metro Sales, Jonathan Lynch.
“The 2,853 square metre site is adaptable, with Mixed Urban zoning which allows flexibility. The fact that the purchaser can start developing the property immediately is a real strength.”
- Article supplied by JLL
