-Freehold standalone commercial investment with development upside
-Total floor area of 977.45 square metres
-815 square metres land area zoned Business Town Centre
-Maximum allowable build height - 32.5 metres
-Returning $91,580.00 per annum + GST (approximately)
- Poised to benefit from the Tamaki Regeneration Programme
- Investors and Developers must investigate
This is your opportunity to secure a freehold investment in a rapidly growing and popular CBD Fringe location. Positioned in the heart of Glenn Innes and set to benefit from the largest urban regeneration project in New Zealand, the Tamaki Regeneration Programme. The property is current returning $91,580.00 per annum and is underpinned by 815 square metres of fee simple land.
With maximum allowable build height of 32.5 metres at Business Town Centre zoning, this is a sharp standalone investment with significant future potential.
131 Line Road, Glen InnesOpen in map