Colliers International has been exclusively appointed to market an unprecedented opportunity to purchase a large 3.17 hectare site in one of New Zealand's most affluent suburbs.
The Caughey Preston Trust site at 17 Upland Road, Remuera, has the size, zoning and location to make it suitable for a wide range of options including residential, build-to-rent housing, aged care, education, subdivision, or a mix of uses. The property comprises approximately 12,435sqm of improvements which previously provided for hospital, aged care residential and ancillary purposes.
The site is located on the northern slopes of Remuera and provides 36m of frontage and access to Upland Road, 149m of frontage and access to Ventnor Road and additional access onto Lucerne Road.
Remuera is an affluent inner-city residential suburb boasting some of Auckland’s best schools. Primary and secondary schools in the area include: King's School, St Kentigern Boys’ and Girls’ School, Baradene, St Cuthbert’s, Diocesan and Dilworth.
Prospective buyers are encouraged to consider a comprehensive, master-planned redevelopment scheme to maximise the sites’ huge potential.
Expressions of Interest are to be lodged at the offices of Colliers International, Level 27, 151 Queen Street, Auckland by 4pm (NZST) on Wednesday 18th March 2020.
Ref #: 216484
- Contact our experts for details on this transaction