Weekend Herald

Prime corner developmen­t plot in Ponsonby

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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.”

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