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Kingsland

6 Kingsland Terrace, Kingsland, Auckland

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976sqm Land area SQM
1,158sqm Floor area

A city-fringe trophy - not to be missed


• Large 976sqm (more or less) rectangular site with favourable Business - Mixed Use zoning
• Solid income stream from an established single tenant occupying both levels
• Substantial two-level building refurbished and presented to the highest standards
• A superior city-fringe freehold property that will appeal to a range of astute buyers

Underpinned by a significant land holding, substantial building and 12 onsite car parks, 6 Kingsland Terrace provides a unique opportunity to secure a commercial investment that provides future options and flexibility in this aspirational and multi-faceted city-fringe precinct.

With a current income of $537,429pa + GST and OPEX the well-structured lease terms, which provide for built-in rental growth annually, offer purchasers a solid income stream from this trophy asset.

This location offers ease of access to the nearby vibrant Kingsland hospitality/retail precinct, train station, Eden Park, St Lukes Mall and multiple transport and public amenities. The property offers a northwest-facing aspect with unobstructed views across the adjoining Nixon Park and beyond.

The two-level high-stud building was recently refurbished and modernised to the highest specifications and quality of materials, offering an A-grade seismic rating with superior levels of fit-out and presentation. The dual entrances provide flexible options for future split tenancies.

Our realistic vendor wishes to pursue fresh opportunities, providing a rare chance to secure a superior offering in this tightly held location.

Offered for sale by negotiation, this property represents a strategic Auckland city-fringe freehold property.

For Sale by Negotiation
Mike Adams

Mike Adams

Commercial, Development and Investment Sales

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

Damien Bullick

Commercial, Development and Investment Sales

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

Features

Opportunity


A superior and rare city fringe tenanted investment opportunity

Land area breakdown


Large 976sqm (more or less) site with underlying Mixed-Use zoning

Passing income


Currently returning $537,429pa + GST from an established tenant

Seismic (NBS rating)


Two-level building refurbished to exacting standards – A Grade seismic rating

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