Consent in place for five-storey, mixed-use building
A prime site in Auckland’s double grammar school zone is up for sale and offers a range of development options.
The 390sq m site, at 92 Manukau Rd, has a large single-level dwelling and is for sale with vacant possession.
It is being marketed by Bayleys International team members Oscar Kuang, James Chan and Owen Ding.
The offering is among 16 commercial and industrial properties which will go under the hammer at Bayleys’ next Total Property auction on October 23, unless sold earlier.
Kuang says the relatively flat site is on the border of Epsom and Newmarket. “It has the benefit of being close to the main commercial area of Newmarket and the nearly completed $800m Westfield mall redevelopment.
“The property has a BusinessMixed Use zoning, which allows for a range of commercial and/or residential uses,” he said.
“Perhaps its greatest appeal would be for a high density residential development, given its proximity to a cluster of Auckland’s most highly regarded secondary schools.
“It is zoned for the public schools of Auckland Grammar for boys and Epsom Girls Grammar and is also close to top private schools for girls, Diocesan and St Cuthbert’s College.
“But it could also suit a boutique hotel, given its central location, or some other type of commercial development.”
Resource consent is already in place for a five-storey mixed-use building containing commercial activities on the ground floor and 11 apartments above. Under this proposal, the ground floor would contain a retail/office unit of about 22.5sq m, a coffee bar of about 29sq m, and also a lobby/communal area that opens to a north-facing garden.
Levels 1, 2 & 3 would have identical internal floor plans consisting of two two-bedroom apartment units (about 61sq m and 54sq m each) and a 30sq m studio.
Plans for the top floor are for a twobedroom apartment (54sq m) with a 6sq m balcony, and a three-bedroom dwelling of 99.5sq m with two balconies, one just over 6sq m facing north off the living room, plus a smaller deck facing east and accessed from the master bedroom.
“These apartments have been designed to appeal to both owneroccupiers as well as investors looking to tap into the strong demand for residential rental properties in this location,” said Chan.
“However, it would be over to the new owner as to whether they utilise this resource consent. The vendor is offering a six-month settlement date to enable the next owner to formulate plans for the property.”
Ding says the site is surrounded by mixed-use developments, comprising residential and commercial properties, many of which are multi-level buildings.