How much upside can you handle?


43-47 Birkenhead Avenue, Birkenhead

Auction

Download Email
How much upside can you handle? | 43-47 Birkenhead Avenue, Birkenhead | 1504101 |      X Close
Image
Description

How much upside can you handle?


• Diversified income stream returning $48,986.28pa + GST

• 541sqm freehold site

• Town Centre zoning (AUP) - 21m height control

• Long standing tenants with significant rental upside

Birkenhead is booming as a result of rapid gentrification. The suburbs strategic location relative to Auckland CBD and ridgelines that present elevated, sweeping views are finally scratching the surface of their potential providing the framework for a hotbed of development and a wealth of new, young money entering the area.

43-47 Birkenhead Ave encapsulates all these traits in one with a stable income stream underpinning the fundamental investments attributes with significant rental upside to be explored by the successful purchaser. An easterly aspect with views overlooking the Hauraki Gulf on a 541sqm title, the site has long term potential to take advantage of its Town Centre zoning and 21m height limit.

A diary, cafe and basement studio provide a diverse income stream that will provide significantly greater returns than your bank