A recently refurbished two-level character building for sale with vacant possession in the heart of Mt Albert has previously been used for a dental clinic and has also housed a doctor's surgery.
"This freehold standalone property presents a number of future commercial and residential options," says Matt Lee of Bayleys international division who, with colleague James Chan, is marketing 876 New North Rd for sale by tender closing September 24, unless it sells beforehand by private treaty.
Featured in Bayleys' latest Greater Auckland portfolio, the 362 sq m building occupies a substantial 994 sq m freehold site and is described by Lee as "one of the most recognisable properties in the suburb".
"It is ideal for either commercial or residential use or a mix of both," says Lee. "It has recently been refurbished to a high standard, providing an upmarket, quality interior with striking polished timber flooring."
He says the building is currently used as a residential dwelling and contains five bedrooms one with an ensuite, three bathrooms, a separate toilet, kitchen, a study, dedicated waiting room/reception area, and a large living area.
"It has an abundance of front and rear on-site car parking with separate front, side and rear entry points which is a major attraction for recent business occupants," says Lee.
Other features of the property include a three-car garage, heat pump/air conditioning systems, a secure automatic gate with intercom control, CCTV camera systems, security alarms and a large backyard garden. The property has elevated views, looking in a northeast direction and has excellent natural lighting throughout its two levels..
Externally, it features attractive exterior weatherboard cladding with big shuttered windows and new, high-quality stone boundary walls along the front, rear and southwest edges of the property.
"The property is surrounded by a mix of residential and commercial buildings and is in a strong location with high exposure on the main road, a short distance from the main New North Rd strip retail shops which include ANZ Bank and ASB Bank," says Chan.
"Popular amenities such as Westfield St Lukes and Unitec and are nearby. A number of quality schools ranging from primary to high schools are in the vicinity and include Gladstone Primary School, Mt Albert Primary School and Marist College. The property is also zoned for the well-regarded Mount Albert Grammar School."
Chan says the location is handy to major transport routes and links with the State Highway 16 northwestern motorway around about two kilometres away. Major arterial roads within the area include Mt Albert Rd, Balmoral Rd, and Dominion Rd. There are also good public transport facilities nearby, with a bus stop metres from the property and Mt Albert Train Station approximately 400 metres away.
Chan says the property would suit a purchaser looking for live/work options, as well as an investor with an eye for an add value opportunity. "It would also make a fine family home and given the demand for housing at present."
The property has a Residential 2B zoning at present and represents a fantastic residential or commercial opportunity for the incoming owner.