Geothermal Development Opportunity!

Three freehold titles with a total land area of 11,439m² (more or less). The neighbourhood centre zoning is only the start of why this is one of the most unique and exciting investment opportunities on the market.

The property currently comprises of a mixture of both commercial and residential use creating split risk and diversity. The most exciting feature that sets this property apart is the right to draw the natural geothermal water from an aquifer beneath the surface of Parakai.

167-185 Parkhurst Road is bursting with opportunities including the development and expansion of the consented water bottling plant and business which is included in the sale of the property.

Key Features:
- 3 Freehold titles with a total land area of 11,439m² (more or less)
- Neighbourhood Centre zoning allowing for commercial and residential use
- Opportunity to invest, develop or land bank
- Includes the consented and operational water bottling plant and business
- Multiple tenants

For more information about this once in a lifetime opportunity contact NAI Harcourts.

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Main Property Features

Listing Number: NSC27754

Approx Floor Area:
1 sqm
Land Size:
1.1439 Ha
Property Type:
Land, Tourism / Motel / Hotel, Other
Property Details:
Vacant, Tenanted Investment
Tenure:
Fee Simple
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NAI Harcourts North Shore

Cooper & Co Real Estate Ltd

Licensed REAA 2008

4/128 Hurstmere Rd
Takapuna
Auckland
Office website or View office details

Property Location