• Fully tenanted across four (4) tenants returning net $160,000pa plus GST
• Six (6) months demolishing clause in place
• High-growth location with huge demand
• Excellent access to motorways and key transport links
• Residential – Terrace Housing and Apartment Building Zoning
• Opportunity to convert the property to Fee Simple ownership
• Investors and owner-occupiers must investigate
Whether you're an investor, owner-occupier, or looking to add value, this property offers a rare opportunity in a high-growth area. With four established tenants generating a solid net of $160,000pa plus GST, this investment provides immediate returns and long-term stability.
Positioned between Avondale and New Lynn on Great North Road, the property has excellent road frontage and sits in the heart of a thriving commercial precinct that continues to experience strong growth.
This property offers a unique opportunity for owner-occupiers and investors alike. With a six month demolishing clause across all four lease agreements, you have the flexibility to take over the site and capitalize on its outstanding profile and high visibility road frontage.
The site is strategically positioned in a rapidly growing area, zoned for Residential Terrace Housing and Apartment Building, making it an ideal location for future development. There is no body corporate for this unit title which provides a great opportunity to convert into Fee Simple ownership in the future.
Act quickly - properties here rarely stay on the market for long! Call us now to discuss!
