Devonport
2 Fleet Street, Devonport, North Shore
Private Treaty
Devonport split-risk investment
• Three tenancies fully occupied returning a net rental of $101,558pa + GST and outgoings
• Strategically located within the Devonport township
• Standalone freehold property on a 531sqm (approximately) site
• Two (2) car parks
• Business - Town Centre zone
Nestled in the heart of Devonport, 2 Fleet Street presents a fantastic split-risk, commercial investment opportunity to own a standalone, freehold site in a highly sought-after and tightly held locale.
Returning a combined income of $101,558pa + GST and outgoings diversified across tenants including two medical as well as one residential, the property offers great holding income with rental upside for investors. The site is further advantaged by the town centre zoning and boasting sea views from the first and second floors.
Just a 12 minute ferry ride away from Auckland's CBD, and with the potential to re-develop in the future, this opportunity should not be missed.
Call the joint sole agents now to arrange an inspection, or for further information on the property.
Adam Watton
Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Daniel Whooley
Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Strategically positioned in the heart of Devonport
Passing income
Returning a net rental of $101,590pa + GST and outgoings
Occupancy
Three tenancies fully occupied including medical and accommodation providing a diverse income stream.
Zoning
Business – Town Centre Zoning
Have your questions answered
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
Request more information
Contact us and have your questions answered.