This large freehold site is situated in the city fringe and surrounded by a great mix of retail and service businesses with great accessibility to Cameron Road and Tākitimu Drive.
Sites like this are rarely found in this location and offer a blank canvas to further enhance the value of this property. Just sit back and take the steady income from this national franchise "Cross Country Rentals" tenant, while planning your future development, or simply hold onto this very versatile premises which will remain in high demand long into the future.
The commercial zoning allows for a multitude of uses from office, retail and even high-density residential, or continue with current lighter industrial/service uses.
If you're looking for a great investment with strong growth and development potential, then this is the one for you.
Features:
* Freehold site: 1,011m²
* Net rental: $104,250 pa + GST
* Lease expires: April 2030
* Long term lease to national franchise
* Commercial zone
* Future development potential
* Versatile office/workshop/yard improvements
* Fringe CBD location
* Great access to major roads
