Prime Commercial Investment with Massive Upside


3047 Great North Road, New Lynn

By Negotiation

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Prime Commercial Investment with Massive Upside | 3047 Great North Road, New Lynn | 1502884 |      X Close
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Prime Commercial Investment with Massive Upside


- Prime town centre site of 2,697sqm (more or less) with dual street frontage

- Adjacent to LynnMall, Countdown and train station

- Zoned Business - Metropolitan Centre Zone AUPOIP

- Substantial 'add value' opportunity. Develop up to 312 apartments*

The property is opposite the LynnMall shopping centre and Countdown and benefits from two street frontages, Great North Road and Delta Avenue to ensure natural light.

Fully leased the property return's an excellent income of $502,640.60pa plus GST from multiple tenants and there is a substantial future 'add value' opportunity afforded to the new owner by developing the site with up to 312 apartments*

*Subject to resource consent.

PROPERTY DETAILS:

Floor Area: 1,856.6sqm (approximately)

Land Area: 2,697sqm (more or less)

TENANCY DETAILS:

Includes Healthpost, RNZSPCA, Dynaspeak, Vodafone, Idea Services. Full tenancy details are available upon

request.

3047 Great North Road, New Lynn

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