Genuine Development Upside
Significant Surplus Development GFA
The precinct sits within the ‘Business Park’ zone under the Auckland Council Unitary Plan, which provides a generous planning regime for a multitude of development options with an unlimited GFA cap.
This planning regime allows for a long term and selective redevelopment and enhancement of Central Park, as and when tenant demand justifies it.
Further planning advice details are included within the data room.
Flexible Title Structure
The titling of Central Park has been strategically separated across 18 lots, providing greater flexibility for divestment or individual lot redevelopment opportunities (STCA).
Commercial Development Permitted Activity
| Building 9 | |
|---|---|
| Max height | 30.4m & 67.9m (part), 8-17 levels |
| Building GFA approx. | 19,695sqm |
| Southern Car Park Extension 4 | |
|---|---|
| Max height | 30.4m (part) & 67.9m (part), 8 levels |
| No. of Additional Car Parks approx. | 420 Consented scheme utilizing existing car park (Lot 17) vertical circulation for efficiency |
| Building 6 | |
|---|---|
| Max height | 30.4m, 8 levels |
| Building GFA approx. | 7,823sqm |
* Subject to consenting (including civil, traffic and design approvals)