Mixed Use Residential / Commercial Investments


A and B/400 Great North Road, Grey Lynn

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Mixed Use Residential / Commercial Investments | A and B/400 Great North Road, Grey Lynn | 1689679 |      X Close
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Mixed Use Residential / Commercial Investments


- Freehold residential/commercial investment properties on individual titles

- 7 bedroom apartment + 7 cpks returning $85,354 p.a. (or vacant if required)

- 288sqm commercial unit + 6 cpks returning $80,040 p.a. on 6 year lease

- Popular and convenient Grey Lynn position in mixed-use precinct

- Available for purchase either individually or together

400A and 400B Great North Road is a highly attractive mixed-use investment property, offering split risk commercial and residential tenancies on two individual freehold unit titles.

400A Great North Road comprises a 304sqm, seven bedroom residential apartment + seven car parks. This newly refurbished apartment offers multiple open plan living areas and bathrooms, lending itself to either full residential or commercial occupation, or live / work. It has a generous stud height and sweeping views of the western city fringe. The unit has a one-year lease returning $85,354 p.a. (approx.) It can also be offered vacant if required.

400B Great North Road comprises a 288sqm commercial/showroom unit which is leased on a six-year term, returning $80,040 + GST p.a. and benefits from 6 on grade car parks. This industrial style commercial space has been refurbished to a high standard and now offers a flexible configuration for office or showroom.

Together, the properties offer a fantastic opportunity for a split risk residential and or commercial investment or alternatively will suit an owner-occupier with a live-work requirement in a highly sought-after Grey Lynn mixed use precinct.

A and B/400 Great North Road, Grey Lynn

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