First time on the market in over 50 years! Whether you are looking to develop, occupy or land bank, this superior piece of land on Church Street will reap benefits for years to come.
361 Church Street is a rare find in what is one of the few remaining under-utilised high profile parcels of land in Penrose.
The offering consists of a 809m² regular and rectangular shaped freehold site with an original brick house and tin shed offered on an “as is, where is” uninsured basis.
The contour of the land is predominately flat with a gentle slope from the front to the rear of the site, fitting for a development opportunity.
The dimensions of the site are roughly 15m wide by 54m and also benefits from being north facing.
The property is further underpinned by the Heavy Industry zoning, allowing for a wide range of business users in a highly desirable location.
Access to State Highway 1 is a mere 5minutes away and SH20 is easily accessible also. Penrose is one of Auckland’s most sought-after locations because of its central position within the wider Auckland region, making it the perfect spot for users who want to be a in strategically beneficial position.
The Auction is to be held virtually 11am, 8th March 2022
See link for online Auction - https://www.colliers.co.nz/en-nz/countries/new-zealand/real-estate-auction-room/live
*The vendor is not GST registered and therefore the price will be inclusive of GST (if any). Please seek independent advice*
For those who have been granted access to Data Room for this listing, please click here to view the Data Room Documents.
Ref #: 20890296
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