As the exclusive agent JLL is pleased to present 5 Waima Street, Grey Lynn for sale by Deadline Private Treaty Closing 4:00pm, Thursday 4th March 2021.
5 Waima Street is located in the well-regarded city fringe suburb of Grey Lynn, just off Great North Road.
This property will appeal to investors, owner-occupiers, and developers alike due to its effective improvements, central location, and Mixed-Use landholding with future development potential.
Constructed during the 1970s, this 573sqm building provides a mixture of warehouse - which has subsequently been converted into character style office space - and a mezzanine area which can provide for additional office space or alternatively a one-bedroom residential studio (subject to consent). Having its own bathroom as well as separate access could allow this space to be leased independently of the main building.
Flux Animation Studio, a single long-standing tenant, occupies 100% of the property. They will be transitioning into a new premises and are flexible on vacating this property to suit the purchaser's needs.
Key considerations:
- 685sqm Mixed-Use corner site with an 18 metre height limit
- In contour the site has a cross fall, allowing an outlook to Mount Eden
- Two street frontages, Waima Street and Monmouth Street, just off Great North Road
- Character office space with 12 onsite car parks
- Main entry is from Waima Street with secondary access including a roller door from Monmouth Street
- Versatile building on a freehold site
- Walking distance to bus stops for both directions on Great North Road
- Invest, occupy or develop
This property will be sold!
5 Waima Street is being offered for sale by Deadline Private Treaty (unless sold prior). Closing 4:00 pm, Thursday 4th March 2021.
"
