Quaint Devonport Investment

81 Victoria Road, Devonport

By Negotiation

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Quaint Devonport Investment | 81 Victoria Road, Devonport | 1501983 |      X Close

Quaint Devonport Investment

- Charming character facade

- Returning $68,872pa less non recoverable OPEX

- Diverse income stream

- Add value opportunity

On the market for the first time in nearly thirty years, the owner of this quaint character building is ready to move on. This is rare opportunity to purchase a freehold parcel in Devonport at this price point.

The building is an original "turn of the 20th century" building, which has been fastidiously maintained in keeping with its character heritage. The building consists of four distinct areas; a retail Health Foods store on the ground floor, with a Beauty Salon to the rear (on the same Lease), an upstairs character office (currently vacant) overlooking Victoria Road with stunning character features and an acutely under rented studio apartment to the rear.

Located in the picturesque seaside suburb of Devonport, just twelve minutes by ferry to Auckland CBD, Devonport has become a tourist mecca. Auckland Council and Auckland Transport have completed stage one of a two stage, $24 million investment in the area, underpinning the future value of this investment. This quaint character property sold to a Devonport local looking for a long term hold

81 Victoria Road, Devonport

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