Two Adjoining Investments in Onehunga


96 Onehunga Mall, 98 Onehunga Mall and 53 Neilson Street, Onehunga

By Negotiation

Download Email
Two Adjoining Investments in Onehunga | 96 Onehunga Mall, 98 Onehunga Mall and 53 Neilson Street, Onehunga | 1690330 |      X Close
Image
Description

Two Adjoining Investments in Onehunga


- 3 standalone freehold sites with excellent exposure

- 2 x separate established automotive tenancies

- Opportunity to purchase together or separately

- Favourable Mixed-Use zoning in a strategic location

- Total land area of 1630 sqm (MOL)

Under instructions of the vendor who have held these adjoining properties for many years , Bayleys are now proud to offer these properties for sale by way of Price by Negotiation.

This unique offering is for the properties at (96 Onehunga Mall) and (98 Onehunga Mall and 53 Neilson Street).

The property identified as 96 Onehunga Mall is a standalone freehold site of some 552sqm with substantial existing improvements with an established tenant currently returning approximately $62,790 (inclusive or outgoings) plus GST per annum.

The property identified as 98 Onehunga Mall and 53 Neilson Street offers 2 separate freehold titles with land areas of 555sqm and 523sqm and currently interlinked existing buildings on both titles, with the property at #98 containing an upstairs 2-bedroom apartment. These 2 properties are leased to a single tenant (inclusive of the apartment) returning $128,000 per annuum (plus GST and outgoings).

The opportunity exists to purchase the properties packaged together or separately.

Full details of the relevant lease terms etc. are available upon request from the sole appointed agents.

This offering represents a rare opportunity to acquire such significant land holdings in this location, with the benefits of well-established tenants, excellent exposure and favourable Business - Mixed Use zoning.

All viewings are strictly by appointment, call now for further details.

Mike Adams

021 977 527

Dave Stanley

021 326 820

James Valintine

021 023 71868

96 Onehunga Mall, 98 Onehunga Mall and 53 Neilson Street, Onehunga

Open in map