Listing #LC20529
Unlock The Potential
120 m² Floor
1A Somerset Street, Frankton
Auction (Unless Sold Prior) - 21st May, 12:30pm
Packed full of potential, 1A Somerset Street offers a rare opportunity for those with vision.
Positioned on a 536sqm freehold title and zoned Business Zone 7, this versatile site sits near Seddon Park Stadium and enjoys a prime fringe-CBD location-perfect for those seeking central convenience with flexibility.
The existing 120sqm character building is offered with vacant possession and has served a variety of uses over time, including commercial offices and residential rental.
It also comes with resource consent to redevelop into four townhouses ideal for those seeking an immediate development opportunity or alternatively a landbank.
Options also exist to restore and reveal the character charm & beautiful native flooring.
Zoning permits a wide array of uses, including:
Service or light industry
Yard-based retail
Food and beverage outlet
Gym or fitness facility
Wholesale or trade supplies
Place of assembly
Healthcare or community centre
A rare mix of location, flexibility, and future upside-opportunities like this don't come around often.
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