Acquired as an income generating commercial office asset in September 2020.A revised asset strategy for development / adaptive re-use of the existing four floors of commercial office building to residential is underway.
The construction of an estimated 48 high end apartments, resulting in a gross saleable area of c. 5,800 sqm and c. 250 sqm of commercial at street level. Producing a luxury residential over 55’s product to meet the needs of the lower North Shore.
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