Split Risk Retail Investment

AUCTION BROUGHT FORWARD
3PM, FRIDAY 5TH AUGUST 2016

- High profile town centre location, in close proximity to New Lynn Mall, Train Station etc.
- Land Area 377sqm (more or less)
- Split risk investment with three tenants - Fee Simple
- Well established businesses which include a Thai Restaurant, Glover Real Estate and Dairy
- Returning a combined income of $105,420pa + GST and outgoings
- Zoned Metropolitan Centre (PAUP), Maximum Height 72.5 metres (18 storeys)

Located in the heart of the growing precinct of New Lynn, the property enjoys ease of access and massive exposure.

Being a fee simple site, this property offers future development potential and is well positioned to take advantage of New Lynn's growing desirability to live and work. Council carparking is also available to the rear of the property.

The income, location and future PAUP zoning combine to make this an extremely attractive investment or a future development opportunity - you decide.

Contact listing agent for further information.