Jones Lang LaSalle managing director Nick Hargreaves reckons 79 Carlton Gore Rd is one of Newmarket’s most advantageous properties.
Regardless of hyperbole, the building overlooking Auckland Domain offers a central location near University of Auckland’s Newmarket campus which is a $1 billion redevelopment of the 5.2ha former Lion Nathan Brewery site and expected to lead to a substantial urban renewal throughout Newmarket.
The 1915m2 site 2.8km from Auckland’s CBD is zoned for business mixed use and has a rating valuation of $9.3 million.
Mr Hargreaves describes the property as ripe for refurbishment or redevelopment – “a last opportunity to redevelop in Carlton Gore,” he says.
Expressions of interest close March 28.
Chris Hutching for NBR NZ Property Investor
Thu, 13 Feb 2014
Thu, 13 Feb 2014
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Opportunity knocks at Newmarket
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