Prime corner development plot in Ponsonby
A highly visibly corner site in the Ponsonby offers buyers the opportunity to acquire a development site with favourable zoning in a premium location.
19 Jervois Rd is available with vacant possession. The site spans 329sq m and is zoned Business–Town Centre.
The northwest-facing, regular-shaped freehold site has frontage to both Jervois Rd and Deadwood Tce, providing significant road exposure, while being only minutes from Auckland CBD and Ponsonby’s popular shopping and hospitality destinations.
The property is well served by a number of bus routes and the motorway network is readily accessible, providing further convenience for occupants.
Colliers directors Jonathan Lynch and Ben Jamieson are marketing the property for Eke Panuku Development Auckland via deadline private treaty. Offers close on Wednesday 30 November, unless sold prior.
The property has been owned by Auckland Council for more than 40 years. It has served the community as a commercial hub, most recently as Plunket rooms and a toy library.
Eke Panuku would like to form a development partnership with any purchaser.
Lynch says the property can house a development up to 13m in height, while the flexible zoning provides buyers with a wide array of options.
“The zone provides for a wide range of activities including commercial, leisure, residential, tourist, cultural, community and civic services. Most centres are identified for growth and intensification. Expansion of these centres may be appropriate depending on strategic and local environmental considerations.”
Jamieson says it is incredibly rare to see a development site of this nature brought to the open market in Ponsonby.
“This is one of the most tightly held and in-demand locations across Auckland city given its affluent residential catchment and surrounding infrastructure,” Jamieson says. “Recently there has been a growing trend towards mixed-use developments nearby, which has taken commercial activity to another level in the surrounding area.”
Jamieson says the high-profile location makes this one of the most appealing development sites available to purchase in central Auckland. “The new owner will have a blank canvas in a prime spot to create a unique project that will add to the rich history of Ponsonby.”