Character villa offers mixed-use blessings
A character property in the heart of one of Auckland’s most vibrant retail and hospitality strips has been placed on the market for sale with multiple future use options.
The extensively refurbished twostorey villa at 493 New North Road, Kingsland, is being offered for sale with vacant possession – presenting an opportunity for owner-occupiers and investors to gain an entry to the sought-after Kingsland village.
The property – whose occupants have included a soft-furnishings and fabrics retailer and office and residential users – occupies a high-profile site in the middle of Kingsland’s retail and entertainment strip. It is being hailed for its commercial, retail and live/ work options, as well as its potential for future development.
The freehold land and buildings at
493 New North Road are now being marketed for sale by auction on 24 February (unless sold prior) through Bayleys Auckland Central.
Salespeople Damien Bullick and Alan Haydock said the property consisted of an approximately
264-square metre character villa on some 329 square metres of land, with three off-street car parks.
Mr Bullick said the original villa dated from the early 20th century and now comprised a tastefully modernised, two-level structure with some later additions. The property was extensively refurbished in 2020, including a new roof.
“The first floor, which is level with the road, consists of a 132-square metre space which has been used as a retail showroom. This offers a high profile to passing foot traffic through tall front windows, and includes a bathroom and north-facing deck at the back,” said Mr Bullick.
“The ground floor features another self-contained tenancy of 132 square metres which has been utilised for commercial and live/work use. This area can be accessed via the internal staircase or externally through a dedicated entrance, and opens up to a garden and patio at the rear. A standalone outbuilding on the western boundary provides extra storage.”
Mr Bullick said the current layout made the property an excellent live/ work solution.
“Alternatively, each floor could be leased separately or, indeed, integrated to form a larger office or living space. The zoning also allows a future owner to plan for further development to realise the property’s full value potential,” he said.
The New North Road site is zoned Business – Local Centre under Auckland Council’s unitary plan. This zoning, and relevant overlays, allow for development up to 13 metres for uses including retail, commercial services, offices and food and beverage, with residential use on upper floors – subject to relevant consents from the council.
Less than four kilometres from Auckland’s central business district, Kingsland village is renowned for its lively eateries, bars and independent businesses – as well as its proximity to Eden Park.