Strategic Investment on 1,779sqm Mixed Use Land


31 Rossmay Terrace, Mt Eden

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Strategic Investment on 1,779sqm Mixed Use Land | 31 Rossmay Terrace, Mt Eden | 1685857 |      X Close
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Strategic Investment on 1,779sqm Mixed Use Land


- Freehold investment property returning $140,000 + GST p.a

- Long term lease to established tenant (over 10 years to run on current term)

- 1,779sqm fee simple land holding, zoned Business - Mixed Use

- City Fringe location close to Kingsland, Ponsonby and Auckland CBD

- Bottom drawer investment with future growth potential

This hands-off investment opportunity will appeal to all investors looking to secure a solid long term cashflow, underpinned by a large fee simple land holding. The property is fully leased to an established tenant (commencement 1999) with over 10 years to run on the current lease term, with a further 30 year Right of Renewal.

In addition to an attractive cashflow, the property is underpinned by a 1,779 square metre fee simple land holding, zoned Business - Mixed Use. This favourable zoning, along with the strategic City Fringe position, make this is investment a must view for all long term investors.

31 Rossmay Terrace, Mt Eden

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