High Profile Freehold Site with Holding Income


3011 Great North Road, New Lynn

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High Profile Freehold Site with Holding Income | 3011 Great North Road, New Lynn | 1686923 |      X Close
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High Profile Freehold Site with Holding Income


- Standalone 607sqm freehold site on one of West Auckland's major arterial roads

- Existing 80sqm weatherboard dwelling divided into office and residential components

- Established tenant providing $72,000pa + GST and outgoings

- Covered workshop/wash bay at the rear of the site

- General Business zoning under the Auckland Unitary Plan

This freehold site occupies a high profile position on Great North Road in the New Lynn commercial precinct, a location enjoying significant growth thanks to its close proximity to Lynn Mall shopping centre, public transport hubs and ongoing high density housing development.

The property has been occupied by the current car yard tenant for six years who is currently on a month to month tenancy. This provides the opportunity for an astute investor to add value by securing a long term lease in a property with proven tenant appeal. Similarly owner occupiers can secure a high profile position in an affordable price range.

For further information on this property or any further property requirements, please contact:

Sunil Bhana

021 938 660

sunil.bhana@bayleys.co.nz

Simon Davies

021 252 2686

simon.davies@bayleys.co.nz

3011 Great North Road, New Lynn

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