Unlock the potential of this exceptional development site located at 253 Dairy Flat Highway, Albany.
On offer is a multi-unit development, consisting of a total of ten tenancies. Comprising five strata titles, the parent freehold site comprises 2025 sqm (approx) of local centre zone land fronting Dairy Flat Highway. This is a high-traffic flow area with close proximity to Westfield Albany, Albany Mega Centre, North Harbour Stadium, and Massey University.
Whether you are seeking a development project, investment property, or an owner-occupier opportunity, 253 Dairy Flat Highway, Albany combines a strategic location, strong functionality, and a wide range of redevelopment opportunities.
Key Features:
- Freehold Land area of 2,025 sqm (approx.)
- Zoned Business - Local Centre, with an 18m height overlay
- Multi-unit development with five individual titles, provided for greater liquidity
- Sought after split risk investment, fully tenanted with current Net Rental of $145,220.00 p.a. + GST
- 10 Tenancies including termination clauses.
- Professionally managed offering a hassle-free investment with Tenants paying 100% of Outgoings.
Developers, investors and owner-occupiers must inspect!!!! After 20 years of proud ownership, our vendor is seeking to sell and will meet the market.
For sale by Deadline Private Treaty, closing 4:00pm Wednesday the 30th of April 2025 (unless sold prior).
All inspections or site visits are strictly by appointment only.
For further information or to request an inspection, please contact the Sole Agents today!
