149-151 Line Road, Glen Innes, Auckland

Explore the potential of this standalone retail

• Split-risk freehold standalone opportunity with future development potential
• Positioned on a high profile corner site with main road access along Line Road
• Returning $63,293pa + GST from 3 separate tenancies
• Valuable Business - Town Centre zoning permits a maximum height of 32.5m

A high exposure standalone corner site with multiple income streams - a rare opportunity to secure an investment which offers medium-long term development potential. Fully occupied by 3 tenancies - a Pharmacy business, Elam Barber Shop, and Kebab Kitchen, this single-level property is returning $63,293pa + GST.

Positioned in the heart of Glen Innes Town Centre, the property is surrounded by a range of amenities and businesses including Glen Innes Library/Te Oro Community Centre, Glen Innes Train Station, McDonald's and Pak'n Save. Glen Innes has been identified as a key strategic area for growth, with a current mandate to undergo large-scale affordable housing projects.