589-597 Mt Eden Road, Mt Eden, Auckland

By Mt Eden Village

A multi use retail / office / residential building.

Suit add value investors, owner occupiers, or developers.

- High profile corner, 680sqm site
- Unitary Plan will enhance development intensity
- Holding income $64,363.97 + GST pa from the 497sqm building
- In Auckland Boys and Epsom Girls Grammar Zone

A deceased estate, the property consists of a single level retail building, in two tenancies fronting Mt Eden Road, which is joined to a residential flat, offices and yoga studio at the rear. Apart from the restaurant on Mt Eden Road and an informal lease on the yoga studio the property is almost 50% vacant.

Superbly located on the northern corner of Kingsview Road and Mt Eden Road between Mt Eden Village, 300 metres to the north and the busy Balmoral Road intersection to the south. High frequency bus service on Mt Eden Road.

This property is a rare opportunity in a highly sought after location.

For Sale by Auction (will not be sold prior)
11am, Wednesday 1st June 2016
Maritime Square, Ground Floor
4 Viaduct Harbour Avenue
Auckland