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Rare development opportunity at Addison
Opportunities to purchase and develop flat land in high growth areas of Auckland are hard to come by - that’s why we’re delighted to be marketing two flat land parcels for sale within the popular Addison residential community in Takanini.
As featured in a NZ Herald commercial property article this week, there is huge potential for the land, which is zoned Neighbourhood Centre Development, allowing up to 10,000 metres gross floor area. The zoning covers retail and commercial development that caters to the daily needs of residents, and can also include upper level residential developments. The two land parcels would best be bought as one investment to get the maximum return, as there are a range of options for the building types – from a small supermarket, to beauty or medical clinics, to a café or post office – the possibilities are endless.