1 Lydia Avenue, Northcote, North Shore

First time on the market ever - occupy or invest

• High profile suburban mixed-use investment with multiple income streams
• Vacant first-floor office provides owner-occupier appeal or scope to convert back to residential use
• Elevated ridgeline position with sweeping Auckland city views in a well connected North Shore location

Positioned on a prominent suburban ridgeline site, this high-profile mixed- use investment offers multiple income streams together with genuine future flexibility. Returning a diversified holding income from the existing tenancies, the real point of difference is the vacant first-floor office which will appeal to owner-occupiers seeking a business base with profile, or purchasers looking to convert the space back to residential use.

Held by the same family since construction and presented to the market for the first time, the building has been maintained with exceptional care throughout its life. Elevated in a ridgeline position with impressive views back toward Auckland city, this is a tightly held asset combining split-risk income, occupancy upside and long term land value in one compelling offering.

The property is partially tenanted, returning a net rental of $93,978.18pa + GST and outgoings. Full tenancy details are available on request.