- Multi tenanted retail investment
- Current income from four tenancies of $133,570pa (nett) with vacant space providing options
- High profile 2,664sqm freehold site in vibrant Titirangi Village
- 575sqm of floor area over two levels, with a mix of retail, office and hospitality
- Recently vacated ground floor retail area of 237sqm providing the opportunity for a substantial increase in income or own and occupy
- Recently completed engineer's IEP reports are available upon request
This offering represents a unique opportunity to purchase a substantial and iconic
commercial property in the tightly held and aspirational Titirangi Village precinct.
With four existing and established tenancies providing a solid income and recently vacated prime ground floor retail space providing an opportunity substantially increase to add income or own and occupy, this property provides a number of options for investors, owner occupiers and developers.
The current zoning is Community Environment and Local Central Titirangi and Large Lot under the Proposed Auckland Unitary Plan.
Existing tenants include the iconic Hardware Cafe, Glover Real Estate, Titirangi Travel and an ATM Machine, with full tenancy details contained within the comprehensive Information Memorandum which is available upon request.
This is an opportunity not to be missed, all viewings strictly by appointment.
Auction
11am, Wednesday 20th May 2015
(unless sold prior)
Maritime Square, Ground Floor
4 Viaduct Harbour Avenue
Auckland, New Zealand