- Diversified commercial investment
- Returning $100,088pa + GST + outgoings.
- Neighbourhood Centre Zone (AUP)
- Future development potential
Make this the jewel in the crown of your portfolio!
Herein lies a rare opportunity to purchase a diversified commercial asset, with future
development upside and possible rental growth. The building consists of approximately 398sqm of building area over two levels, 14sqm of deck area, all situated on a 371sqm (more or less) freehold site. With a favourable Neighbourhood Centre zoning under the AUP (OP) the new owner will have the ability to increase the lettable area by taking advantage of the 13m height limit (subject to relevant consents). Furthermore, the asset enjoys a
diversified income stream with a mixture of retail and residential leases.
Located just off Lake Road, the main arterial linking Takapuna and Devonport, the property is an attractive suburban retail destination positioned in an affluent residential catchment.
Register your interest early to avoid disappointment!
Call Damian Stephen - 021 80 80 92
Adam Curtis - 021 720 997 or
Nick Howe- Smith - 021 624 524 for more info or to view.