- Freehold investment property returning $157,500 + GST p.a
- 1,895sqm fee simple land holding, zoned Business - Mixed Use
- City Fringe location close to Kingsland, Ponsonby and Auckland CBD
- Attractive yield opportunity with future add value potential
This versatile city fringe warehouse investment will appeal to all investors looking to secure an attractive yield, underpinned by a large mixed use land holding.
The property is fully leased to an established tenant, returning $157,500 + GST p.a. Currently operating as a Sports Activity facility, the warehouse improvements would be equally suitable for a variety of future uses. Located in a rapidly evolving suburb with easy access to Kingsland, Ponsonby and Auckland CBD, this location will continue to grow both commercially and residentially.
Do not miss this opportunity; Attractive yield now, develop later.