8 Lion Place, Epsom presents a truly remarkable proposition to purchase one of the largest freehold landbanks in the Epsom area.
As exclusive agents, JLL are pleased to present the exceptional 8 Lion Place, Epsom to the market. This offering provides an opportunity to secure a future development site of significant scale, almost 5,000sqm, in the popular Epsom suburb, overlooking Newmarket. Sites such as these are a rarity in any market, and astute developers and investors must inspect this elevated attractive holding.
8 Lion Place is an ideal location for future development being well connected logistically yet tucked away in an elevated quiet pocket. The property is surrounded by attractive amenity and in close proximity to Grafton train station and bus routes along Khyber Pass, accessing the CBD. The property is conveniently located within the double grammar zone, and in very close to Auckland's Domain & Westfield 277. Improvements onsite consist of an expansive office block at approx. 50% site coverage, occupied by three tenants providing a robust cashflow since their combined occupation in 2014.
Highlights include:
· Significant Epsom Landholding
· 4,726sqm Freehold land
· Expansive Metropolitan Centre zoning
· Approx. $700,000 gross pa holding income
· Add-value & Future development opportunity
· Double Grammar zone
· Demolition Clauses in place
Our team at JLL have clear instructions from our overseas based vendor to sell.
8 Lion Place is For sale by Deadline Private Treaty closing 4pm, Thursday 22nd August 2024 (unless sold prior)
Contact your sole agents for more information
Kevin Reardon - mailto:[email protected] / 021 028 838 25 Jonathan Lynch - mailto:[email protected] / 021 900 611
