


Listing Description
Listed: Tue, 19 May
Receivership sale with significant upside
255 and 259 Morrin Road, Saint Johns, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Development site |
| Agency reference | 1780975 |
Description
- Receivership sale – substantial mixed-use landholding with immediate upside
- Expansive 23,148sqm (more or less) freehold site across two titles
- Existing 4,795sqm (approximately) industrial facility providing strong holding income and redevelopment clauses
- Flexible Business – Mixed Use zoning with future development potential
A landmark Eastern Auckland landholding is offered for sale under receivership, presenting a rare opportunity to secure scale, income, and significant redevelopment potential. Located at 255 & 259 Morrin Road, the 23,148sqm (more or less) freehold site spans two titles within a rapidly evolving mixed-use precinct.
The property includes a 4,795sqm industrial-style facility with an A-Grade 80% NBS rating, generating holding income via short-term leases. The balance of the site is fully serviced vacant land, suited to large-scale residential, commercial, or mixed-use development.
Receivership sale terms - no representations and warranties, including as to information. Due diligence required
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