Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and EditorialLive Auctions

Royal Oak

880-882 Manukau Road and 108-110 Trafalgar Street, Royal Oak, Auckland

Watchlist
Share
Sold
Slide 1 of 13
1 OF 13
1689596_1.jpg
1689596_2.jpg
1689596_1.jpg
1689596_2.jpg
1689596_1.jpg
1689596_2.jpg
709sqm Floor area
3,131sqm Land area SQM

Tender

(unless sold prior)

3,131sqm THAB Land Returning $265,000 p.a.


• High profile, freehold, 3,131sqm corner site on three fee simple titles
• Returning $265,200 p.a. from 10 tenancies over 8 residential units
• Favourable intensive residential zoning suits a range of development options
• Available for purchase individually or together
• Rare large scale opportunity in an attractive City Fringe residential location

The properties occupy a high-profile corner site at the corner of Manukau Rd and Trafalgar St in Royal Oak. The property comprises eight residential buildings and are held in three fee simple titles, on a 3,131 square metre site. The properties are zoned Residential - Terrace Housing and Apartment Buildings (THAB), which provides for a range of intensive development options (including residential and accommodation) of up to 16 metres in height.

880-882 Manukau Road comprises four standalone buildings on two fee simple titles. The property features a total of five tenancies, ranging from 3 to 5 bedroom units. 108-110 Trafalgar Street comprises a block of 3 residential flats and a standalone house, combined on one fee simple title. The configuration of the flats is 2 x 2 bedroom and 1 x 3 bedroom with the standalone house being a five bedroom dwelling.

The approximate fully leased rental is $265,000 p.a. offering purchasers an attractive split risk residential income stream, or alternatively a considerable holding income while a full or partial development plan is enacted.

Call now for further information.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

10

Mar

Time4pm
Calander
Calendar
Alan Haydock

Alan Haydock


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Damien Bullick

Damien Bullick


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

Features

WF Label 1


WF Description 1

WF Label 2


WF Description 2

WF Label 3


WF Description 3