Blank canvas seeks visionary developer
A strategically located development on the western edge of Panmure’s town centre presents an unparalleled opportunity for developers seeking a site with significant potential.
3 Kings Rd, Panmure, is a 2853sq m freehold site, currently operating as a council carpark, with two access points that allow for a drivethrough concept, adding convenience and ease of access for future patrons.
A true blank canvas, the simple rectangular property shares a boundary with the Panmure Historical Society and Stone Cottage Museum, a culturally significant landmark in the area.
As Panmure undergoes a surge in growth and a series of infrastructure upgrades, this prime land is poised to become a key contributor to the thriving community.
Vendors Eke Panuku Development Auckland, the council’s redevelopment arm, recognise the site’s potential, and its development has been earmarked as playing a critical role in the strategic plan for the suburb’s wider revitalisation. Eke Panuku is seeking a partner to collaborate with on this project.
The property is for sale by deadline private treaty closing 4pm,
Thursday November 23. It is marketed by JLL brokers Kevin Reardon and Tommy Zhang.
Reardon highlights the exceptional location. “Positioned near the heart of Panmure town centre, 3 Kings Rd is set to benefit from the ongoing revitalisation that’s breathing new life into the area.
“The recent establishment of the train station and Eastern Bus Lane enhances the connectivity and accessibility of the site and surrounding area. With improved transport links, more customers will be drawn to the town centre, resulting in a flourishing community and greater potential for success.”
Nearby amenities in east Auckland are a drawcard for consumers, says Zhang, with a range of stores, dining and entertainment establishments a short distance away.
“The site offers an abundance of development options, and easy access to the property to enable a vision to come to life,” adds JLL cohead of metro sales, Jonathan Lynch. “The 2853sq m site is adaptable, with Mixed Urban zoning which allows flexibility. The fact that the purchaser can start developing the property immediately is a real strength.”