- For Sale
Colliers International has been exclusively appointed to market the property at 14 Cortina Place, Pakuranga, Auckland for sale by way of Auction.
14 Cortina Place is well positioned to benefit from the proposed upgrade of the Pakuranga Plaza. The development would see over $500 million invested in Pakuranga and the proposed retail and commercial properties would house over 1300 people working in the facilities on a daily basis. Plans are for 1ha of new office space, and up to 6ha or 60,000sq m of new retail, service, food and beverage, entertainment, hotel, conference and community space including a library with a civic plaza and public open spaces.
The property is located just off Pakuranga Highway & Ti Rakau Drive, strategically positioned in one of Auckland’s most popular outer suburbs with easy access to Auckland’s motorway network. The property comprises 399m² freehold title located at the end of Cortina Place. Improvements to the land comprise of a 1970’s industrial building, providing low-medium stud warehousing with one level of mezzanine offices and amenities. The property presents a rare development opportunity to a higher yielding use which maximises the height limit and development controls associated with the Town Centre Zone.
With options to invest, occupy or develop this rare investment opportunity doesn’t come around often. Contact the sole agents today for more information.