Available PropertyFiles:

  • /1.0 Record of Title & LIM/
    • Forrest Hill Road 1_LIM.pdf
    • NA462_142_4 Nile Road.pdf
    • Nile Road 4_LIM.pdf
    • Titles_1 Forrest Hill Road.zip
  • /1.1 Solicitors Further Title Documents/
    • doc - _2022101714204143.pdf
    • doc - _2022101714210319.pdf
  • /2.0 Lease Documents/
    • 4 NILE RD-0001.pdf
    • DEED OF LEASE AND ASSIGNMENT - ORGINAL HISTORIC.pdf
    • DEMO CLAUSE.pdf
    • Deed of Variation Renewal Forrest.pdf
    • HAH-284712-73-27-1 Kings Renewal 2020.pdf
  • /3.0 Plans and Report/
    • 1 Forrest Hill Road - OZAC - 34 Unites.pdf
    • 1 Forrest Hill Road Milford - OZAC - 44 Unit - GFA Info.pdf
    • 1 Forrest Hill Road Milford - OZAC - 44 Unites.pdf
    • 1 Forrest Hill Road Milford_IDT_20230424 - 70 Apartments+12 Terraces.pdf
    • 1 Forrest Hill Road Milford_IDT_20230627.pdf
    • 230310 Topographic Survey Package - 1 Forrest Hill Road(1).pdf
    • 4 Nile Road - AEE & Appendices_22032024.zip
    • Appendix 3 - Architectural Plans__22032024.pdf
    • OZAC23112_1 Forrest Hill Road & 4 Nile Road Development_CD_20230918.pdf
    • OZAC23112_1 Forrest Hill Road & 4 Nile Road Development_PD_20231114.pdf
  • /4.0 Information Memorandum/
    • Forrest Hill Road and Nile Road Milford_IM.pdf

Property Description

• 5,344sqm (more or less) high profile corner site
• Business Mixed Use and Mixed Housing Urban zoning
• Long-standing tenant returning holding income of $210,000pa + GST
• Substantial development potential with various proposed plans

This significant opportunity is an alluring proposition for redevelopment or investment from a range of residential and commercial developers and owner-occupiers.

Superbly positioned on the sought-after corner site of Forrest Hill Road, Wairau Road and Nile Road the property is within immediate proximity to the Wairau Valley commercial hub and the Milford and Takapuna town centres and coastline. This strategic high-profile location is an attractive location for a range of potential uses.

This freehold site has multiple titles being offered as one, currently undergoing a consent process for residential dwellings comprising of terrace houses taking advantage of the valuable “double Westlake” school zoning. An established anchor tenant returns a holding net income of $210,000pa + GST with vacant possession possible from late 2024 or the vendor is open to providing a deferred settlement.

A range of options for a range of buyers - call today.

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Steven Liu

Bayleys Real Estate Limited

Licenced under REA 2008

+64 21 808 579   steven.liu@bayleys.co.nz   All Listings

Steven Liu is an Associate Director at Bayleys Commercial North Shore and was the winner of the 'Richard Valintine' Spirit of Auction Award in 2021. Specialising in marketing campaigns for investment sales, commercial development sales, and leasing with a substantial database of investors and tenants.

With over 15 years of customer service and sales experience, he has established a trustworthy reputation among commercial clients in various industry fields. After Steven sold his successful entertainment and hospitality business in 2008, he was then employed by one of the Fortune Global 500 companies, where he gained rich experience in marketing, procurement, and business operating process control.

Highly efficient, hard-working, energetic, perfectionist who will always put you first. Target-driven and customer-focused are his slogans and dedicated and working smart are his attitudes. Steven is passionate about work and life, a big fan of bachata and salsa, toastmaster, and his planking record is 1 hour and 6 minutes.
Steven is available to chat with you on a 24/7 basis and is able to advise on every aspect of commercial development, sales, leasing, and marketing with great communication and a warm customer experience.

Contact Michael Nees

Bayleys Real Estate Limited

Licenced under the REAA 2008

+64 9 489 0963   +64 21 182 3085   michael.nees@bayleys.co.nz   All Listings

Michael is a Senior Broker at Bayleys Commercial on the North Shore. Specialising in Investment Sales, Michael has concluded in excess of $200 million of transactions of this nature and has been a top 5 Broker at Bayleys North Shore for the last 3 years.

Recognised as one of the leading Investment Sales Brokers across all agencies on the North Shore, Michael has amassed numerous accolades in his career including membership to a distinguished national group of brokers under the age of 35 to achieve specific key performance indicators.

This blend of experience and results combined with a youthful passion and enthusiasm for his work has produced an impressive track record of record prices/yields and a reputation for being able to conclude some of the most challenging transactions in the market in recent memory.

Michaels philosophy is simple, to add value to his clients transactions by any ethical means necessary. Armed with a Degree in Property Valuation and Management and a determined and tenacious nature this often involves going beyond the “extra mile” to achieve the best outcome for his valued clients.

Michael has a proud North Shore heritage being a Rangitoto College and Massey University alumni and is passionate about the future of the region.