- For Sale
For SaleAuction 20th Oct 2021 11am (Unless sold prior)
Well positioned on a high profile corner facing St Lukes Shopping Centre is this consented mixed-use development at 5-11 Morning Star Place, Mt Albert. The offering includes a consented Future Development Unit (FDU) with an area of 342sqm, zoned Business Mixed-Use, as well as an additional adjoining title consisting of 9 car parks.
The approved resource consent is for a four storey development of eight apartments varying from 1 to 3 bedrooms and a street facing commercial tenancy. This includes a basement level with four car parks. A separate title next to the development includes an additional 9 car parks, essential for the buildings future residents.
The offering is strategically located less than a 100 metres from St Lukes Shopping Centre, a 1km walk to the Morningside Train Station and in easy access to the Western Motorway, taking you to the Auckland CBD in 10 minutes. The area has strong school zoning with Mt Albert Grammar School only a few minutes walk away.
The two titles create a bite-sized development package in a proven Mt Albert location. If you’re a developer seeking smaller projects that tend to be more risk-averse, with flexible zoning, make sure to have a closer look at this.
The offering is being sold by way of Auction taking place at 11am on Wednesday 20th October 2021 (unless sold prior) in the Colliers Auckland CBD office located on Level 23, HSBC Tower, 188 Quay Street, Auckland. Please note dates my change depending on Covid-19 Alert Levels.
Ref #: 20800731