JLL is marketing a character medical property at 176 Green Lane West, Greenlane, strategically situated along the sought-after Green Lane West node, with immense potential.
With its generous landholding of 888 sqm and a well-designed floor area of 16sqm, the property is ideal for various medical uses and zoned for a range of future development options.
176 Green Lane West is being marketed exclusively by JLL, to be sold via Deadline Private Treaty by 4pm on Thursday 21st March 2024, unless sold prior.
Its versatility will appeal to a broad range of value-add developers, investors seeking immediate cash flow or those looking to own and occupy their own space, according to JLL Metropolitan Sales and Investments Broker, Kevin Reardon.
Start your property search
“This is an unparalleled opportunity in the highly sought-after Greenlane area within a growing medical hub,” says Reardon.
“Whether you're looking for reliable cash flow, a space to occupy, or a development opportunity, this property provides a range of options, with the potential for development in a high-visibility location along one of Auckland's major arterial roads.
"It's part of a growing medical precinct that capitalises on increasing national demand in this sector.”
Already consented for medical use, providing convenience for potential buyers, current zoning allows for both residential and commercial opportunities in the future, such as terraced housing and apartments.
“The property's zoning and existing tenancies ensure immediate cash flow for investors, while the aligned lease presents opportunities for future development scenarios, whether it be occupancy or development,” adds Reardon.
Serviced by convenient and frequent public transport and surrounded by commercial amenities,176 Green Lane West offers excellent connectivity for clients and staff alike, in a popular and central location that will appeal to a diverse range of buyers.
- Supplied by JLL
