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Home / Property

For sale - site and plan

NZ Herald
8 Nov, 2014 02:44 AM3 mins to read

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An artist's impression of the planned residential and retail building in Takapuna.

An artist's impression of the planned residential and retail building in Takapuna.

A well-positioned development site with buildings, holding income and plans for a multi-unit apartment and retail complex is for sale near the commercial hub of Takapuna.

"This sale provides an excellent opportunity for a fast-tracked apartment development to be acquired and commenced with most of the time-consuming preparatory works already completed," said Tim Bibby of Barfoot & Thompson North Shore Commercial. With colleagues Bruce Jiao and Gary Seekup, he is marketing the property at 33A, 33 and 35 Anzac St for sale by tender closing at 4 pm on Wednesday unless it sells earlier by negotiation.

"The current owners have commissioned plans for an apartment complex providing for a total of 62 apartments plus two retail units and two levels of basement parking with 65 car spaces that would be accessed from the quieter Auburn St."

The property is four titles on the corner of Anzac St and Auburn St. It has four buildings - three two-level buildings on the road front of the 33A, 33 and 35 Anzac St and a single level dwelling at the rear of 33 Anzac St.

"It is a relatively flat site on the slightly elevated northern side of Anzac St," Bibby said. "It offers city views with a clear line of sight from ground level and these are enhanced from the first floors of the three road front buildings."

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The concept developed for the site envisaged a mix of one- and two bedroom units with decks overlooking the city or Lake Pupuke and the Waitemata Harbour and Rangitoto Island.

"A six-storey block is planned for Anzac St that would play an important role at the corner with Auburn St while an additional eight-storey block, with outlooks in each of the four directions, would maximise coverage."

The plan provides for 23 single- bedroom units, 38 double-bedroom units and one three-bedroom unit. A cafe would occupy retail space on the Anzac St and Auburn St corner beside another small commercial unit.

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"The development allows for a generous communal courtyard and a lap pool along the northern boundary," Bibby said.

Seekup said the property was across the road from Takapuna Primary School and within easy walking distance of most of Takapuna's restaurants, cafes, bars, boutique retail shops and Takapuna Beach.

"A bus stop is on the opposite corner and dual on-ramps to the State Highway One motorway are a short distance to the west at Esmonde Rd and Northcote Rd.

"The block of properties in the precinct bordered by Auburn St, Killarney St, Anzac St and Lake Pupuke Drive is zoned Residential 8 under the North Shore District Plan. This provides for more intensive, quality developments and is designed to encourage the amalgamation of smaller sites to form development parcels."

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Jiao said there was a strong demand for apartments in Takapuna.

The vendors would provide the successful buyers with a resource consent as well as the intellectual property and the planning and development contacts for the project.

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