Significant 'Mixed Use' Landholding with Income


4117 and 4119 Great North Road, Glen Eden

By Negotiation

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Significant 'Mixed Use' Landholding with Income | 4117 and 4119 Great North Road, Glen Eden | 1691291 |      X Close
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Description

Significant 'Mixed Use' Landholding with Income


• Two adjoining high profile freehold titles comprising 3,266sqm (more or less)

• Fully leased, multi-tenancy investment returning circa $182,666 p.a. (net)

• Underpinned by large flat 'Mixed Use' zoned landholding (max height 18m)

• Available to be purchased together or individually

• Investors, developers, land bankers must investigate

4117 Great North Road comprises a mix of tidy showroom, office and warehouse space and is fully leased to a longstanding tenant for approximately $118,500 p.a. (net) with future rental upside. 4119 Great North Road comprises a mix of office and warehouse and is fully leased to a single tenant returning $64,166 + GST p.a. (net).

Combined, the properties benefit from a substantial landholding with over 50m of frontage to Great North Road. The Mixed-Use zoning allows intensive commercial and/or residential development to a building height of 18m. This location is experiencing rapid growth and transformation and has become a popular location for high density residential developments.

Available together or individually. Sites of this size with the added benefits of income and location are seldom available. Be sure not to miss these ones.

4117 and 4119 Great North Road, Glen Eden

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