Inviting all offers!


6 Port Albert Road, Wellsford

By Negotiation

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Inviting all offers! | 6 Port Albert Road, Wellsford | 1201181 |      X Close
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Description

Inviting all offers!


•Business Town Centre zoning

•Significant freehold site: Measured at 1.38 ha

•Broad commercial utility: large or small format retail potential

•Holding income: returning $161,600 + GST pa

This large freehold development site centrally located in Auckland's Northern-most suburb is for sale by negotiation.

Comprising 1.38 hectares (more or less), 6 Port Albert Road is a rare opportunity to secure a large land holding in a growing location.

The property is strategically positioned at the junction of State Highway 1 and 16 and less than 500m from main-street Wellsford. The area is already experiencing aggressive residential development and is poised for considerable population growth.

The site presents a development opportunity with low existing site coverage. The property has potential for multiple logistics access points, ideal for FMCG loading and suitable for HPV 23m truck and trailer access.

Leased to AB Axis Industries in the existing 1200sqm build returning $131,800 (plus GST and Outgoings) pa and McConnell Dowell, occupying a fenced yard area returning $29,800 (plus GST and outgoings) pa.

6 Port Albert Road, Wellsford

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