6 Kingsland Terrace, Kingsland, Auckland

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.