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Albany

1-3 Parkhead Place, Albany, North Shore

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2,424sqm Floor area
4,532sqm Land area SQM

Asking Price NZ$5,650,000 + GST

 (if any)

Prime Investment on Parkhead Place


- SOLE AGENCY
- Returning $393,400 pa + GST from five (5) separate tenancies
- Diversified investment with multiple income streams
- Well-presented property with significant recent refurbishments completed by the landlord.
- Floor area 2,423.83sqm (approx.)
- Land Area 4,532sqm (more or less.)
- A Grade Initial Seismic Assessment Rating

Rare Opportunity to secure a road front, freehold corner site in sought after area with very low vacancy rates. The property will appeal to an astute investor looking to add a trophy investment to their portfolio.

Take advantage of the thriving commercial precinct on the North Shore and rapidly increasing population. Conservative rental rates mean good opportunity for future rental growth.

*Unit 5 is currently vacant and being sold with a 12 month underwrite in place by the vendor.

Matt Mimmack

Matt Mimmack


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

Laurie Burt


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

Features

AUP (OP)


Light Industrial

Land Area


4,532sqm (more or less)

Location


Road front corner site

Return


$393,400 pa + GST & Outgoings from five (5) separate tenancies