Versatile site in Mount Roskill hotspot
Investors with an eye to add value or owner-occupiers seeking a site in a key Auckland commercial precinct will see the potential of this now-vacant property.
Mount Roskill is a suburb on the rise, emerging as one of the most sought-after residential and commercial precincts in Auckland’s city fringe. JLL has been appointed to market 124 Stoddard Road, Mt Roskill, a prominent, versatile site that was previously home to a 2,255sqm manufacturing facility on 4,201sqm of freehold land with nearby links to State Highway 20 (SH20) and only 15km from Auckland’s CBD. Featuring 70m of road frontage on Stoddard Road and highly visible from SH20, this site has prolific exposure and development potential. Now on the market for sale by way of Tender, owner-occupiers, developers, and investors should act fast to secure this strategic property.
124 Stoddard Road, Mt Roskill is a large, versatile industrial site packed with development potential.
124 Stoddard Road, Mt Roskill is a versatile opportunity for an investor with vision and will appeal to a mix of potential buyers looking for freehold land in a central location. Business Town Centre zoning allows for a range of development possibilities in the future, while the mix of warehouse and office space will appeal to businesses seeking an accessible base. Sold with vacant possession, you can look to lease the property while planning your next development and take advantage of this favourable zone just off the Southwestern Motorway.
JLL has been exclusively appointed to market 124 Stoddard Road, Mt Roskill for sale by way of Tender, closing Wednesday 7th December 2022.
JLL Investment Sales Director John Davies highlights the property format as a key attraction for occupiers.
“The ready-to-fitout warehouse, working laboratory area, loadout canopy, and ample office space make 124 Stoddard Road a suitable option for many commercial businesses seeking a large site in central Auckland,” says Davies. “Warehouse space of 1,718sqm, offices and amenities of 490sqm, and a canopy of 47sqm provide a net lettable area of 2,255sqm.”
“Access to SH20 is just 200m away, and the suburb’s existing amenities and accessibility make developing the site at 124 Stoddard Road a viable long-term option for any investor or developer,” says JLL Logistics and Industrial Broker Rory Donovan. “Proximity to popular arterial routes such as Sandringham Road and Dominion Road make this area perfect for occupiers and developers who desire a strategic central location. Sold with vacant possession, the property is a blank canvas for taking advantage of the zoning and developing a future-fit asset for your portfolio.”
Excellent access to transport links, nearby amenities such as supermarkets, gyms, cafes and restaurants, schools, and public health facilities put 124 Stoddard Road, Mt Roskill into a unique, highly sought property class. Investors, developers, or owner-occupiers looking for potential future upside will understand the immediate value of this opportunity.
Interested parties should contact the sole agents for more information.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of September 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.