Unit M, 241 Rosedale Road, nestled in the heart of Albany, is now available for sale with vacant possession.
This versatile live/work unit boasts a spacious one-bedroom apartment spanning approximately 61 sq m, complete with a wide outside deck running the apartment's full width.
The apartment includes a double bedroom, bathroom with shower, laundry facilities, a sizable kitchen, and a spacious lounge area with air conditioning.
Currently, the upstairs apartment is under a residential tenancy on a short-term basis for $26,000 a year including a portion of outgoings (GST exempt). The tenant has given notice.
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Historically this residential space has been easy to re-let. However, the landlord has chosen to keep it vacant during the marketing period.
On the ground floor, the unit features approximately 79 sq m of commercial space, comprising a warehouse with an office, kitchen, toilet, shower facilities, and a rear outside area spanning the unit's width.
The commercial component is currently leased at $18,200 a year plus GST (gross lease including its portion of outgoings), bringing the total current rental income to $44,200 with outgoings of $6777.02 covered by the landlord. The tenant has been advised that it will be given notice if a purchaser wanted to occupy.
Strategically located in Albany, this property offers easy access to motorways, including the northern motorway on-ramp just 3.4km away. It also includes three on-site carparks and is situated in a well-known and easily accessible area.
Albany is a thriving suburb in the north of Auckland, renowned for its blend of industrial, commercial, and residential developments. It hosts various amenities such as shopping centres, office buildings, educational institutions like Massey University's Albany campus, and recreational facilities, all within close proximity.
Motorway access points at Oteha, Tawa and Albany Highway are conveniently nearby, ensuring easy travel to Auckland CBD in approximately 15 minutes during off-peak times.
Unit M, 241 Rosedale Road represents an official live/work commercial complex, offering a unique opportunity for owner-occupiers and investors alike.
With its dual-purpose layout and solid construction featuring concrete tilt-slab and long-run roofing, this property is poised to attract significant interest in the market.
The property is being marketed by Dave Lane of NAI Harcourts with offers closing 1pm, Tuesday 23 July, unless sold prior.
- Supplied by NAI Harcourts
