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Northcote

Shops 1, 2 and 3/108-110 Onewa Road, Northcote, North Shore

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236sqm Floor area

For Sale by Negotiation

High yield bankable investment


This fully leased retail investment is ideally situated on a prominent corner site, boasting excellent visibility along the bustling Onewa Road in Northcote. This presents an outstanding opportunity for both first-time investors and those looking to diversify their existing portfolios. The property offers a mix of tenancies that complement each other, thriving on strong support from the local residents and the continuous high traffic flow in the area.

Strategically located just off the State Highway 1 motorway off-ramp, Onewa Road serves as a crucial arterial route that connects Northcote, Birkenhead, and Northcote Point. It plays a pivotal role in facilitating the daily commute between the North Shore and Auckland's city centre.

Key features include:
• Split-risk investment with three tenancies
• Each tenancy on separate titles
• Corner profile and road frontage on main arterial
• Total net rental $91,896pa + GST and outgoings
• Highly motivated vendor wants the property sold

With a proven track record of generating substantial income, this property is primed for a new owner to reap the rewards. Given the high demand for such investments, we encourage you to act promptly. Call now for additional information.

Ranjan Unka

Ranjan Unka


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Richard Moors

Richard Moors


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Exposure


Corner site with excellent visibility to high traffic flow on Onewa Road, Northcote

Floor area


Total floor area of 236sqm (approximately)

Passing income


$91,986pa + GST and outgoings

Zoning


Business – Neighbourhood Centre