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Remuera

551-553 and 561 Remuera Road, Remuera, Auckland

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1,335sqm Floor area

Tender

(unless sold prior)

Substantial offering in Remuera's Upland Village


• Two trophy Remuera freehold standalones. Purchase together or separately
• Combined land holding of 1,335sqm provides substantial development potential
• Total current return of $202,200 + GST pa is well under market
• Opportunities for owner occupiers, add value investors and developers. Call us now

551-553 Remuera Road is a prime investment which has been occupied by the School
Uniform Centre for almost 20 years. It currently returns $57,200 + GST pa with a
recent rental valuation supporting significant rental growth.

561 Remuera Road has been home to Harvey Furnishing since the 1980s. A short lease
provides owner occupiers the chance to secure this high profile corner position.
Developers must investigate the potential commercial and residential development
options this sizeable land holding offers.

Trophy opportunities of this calibre are scarce. Be sure not to miss this.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

16

May

Time4pm
Calander
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Cameron Melhuish

Cameron Melhuish


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
James Valintine

James Valintine


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Floor Area


551-553 Remuera Road: 214sqm 561 Remuera Road: 835sqm

Land Area


551-553 Remuera Road: 531sqm 561 Remuera Road: 804sqm

Zoning


Business - Neighbourhood Centre Zone (AUP)