487 Chapel Rd, East Tamaki.
A large church-owned vacant site being promoted as "the last site of its kind in East Tamaki" and having the potential for a change to mixed use zoning is being offered for sale as an ideal development opportunity.
"While the current zoning is 'main residential', we have received planning advice
that it could be designated 'mixed use' because the land is so strategically located," says Jon Whisker, investment broker with NAI Harcourts, who is selling the 1.215ha site at 487 Chapel Rd by public tender closing at 4pm on February 26.
Whisker says the land has been owned by the Church of Jesus Christ of the Latter-day Saints since 1998.
"There were historic plans to build a chapel on the site but the land is now surplus to requirements. In the 16 years the church has owned the land, housing development in the area has been prolific and this sale remains the last opportunity for developers.
"Investors could investigate the possibility of road-frontage retail development with terraced houses located to the rear," he says.
