575 Blockhouse Bay Road, Blockhouse Bay, Auckland

HIGH PROFILE INVESTMENT ON CORNER SITE

**AUCTION BROUGHT FORWARD - 1PM, THURSDAY 02 MARCH 2017**

- High profile retail/residential investment property in popular retail precinct
- 610sqm freehold land holding with strategic corner position and future zoning upside
- Returning $55,687.93 + GST p.a. from multiple established tenants
- A must view for long term and add value investors

A rare opportunity to secure a piece of the tightly held Blockhouse Bay retail strip. The property consists of a convenience store with attached residential accommodation, and a two level gym, with dual access car parking at the rear of the property.

The property is underpinned by a 610sqm land holding which is zoned Business - Local Centre under the Auckland Unitary Plan.

The future zoning and profile corner position further add to the attractiveness of this strategic property, which features excellent exposure to foot and vehicular traffic and is handily located to public transport links and amenities.

Properties in this location seldom come to the market - Don't miss this one.