Two freehold investments - to be sold separately


199 and 201 Rodney Street, Wellsford

Auction

Download Email
Two freehold investments - to be sold separately | 199 and 201 Rodney Street, Wellsford | 1902218 |      X Close
Image
Description

Two freehold investments - to be sold separately


• Growing Wellsford township location

• 70% IEP (Seismic) rating

• Two fee simple sites with Business Town Centre zoning offering numerous future development opportunities

• Currently returning $32,000pa plus GST from NZ Post & Kiwibank and $60,000pa plus GST from Four Square

Located in a fast growing north Auckland suburb experiencing aggressive residential development with over 1,000 homes expected in the next five - ten years. Wellsford is a tightly held commercial market consequent of very low tenant vacancy rates. Positioned on State Highway 1, the property benefits from over 10,000 traffic movements daily.

Surrounded by well established tenancies such as Mobil, cafe's and takeaway restaurants, the properties are tenanted to Kiwibank/NZ Post and Four Square, the annual combined income is $92,000pa plus GST, with each property to be auctioned separately. Will suit both astute and first time investors.

For further information, contact the SOLE agents today

Janak Darji

021 047 1290

janak.darji@bayleys.co.nz

Henry Napier

021 024 64785

henry.napier@bayleys.co.nz

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

199 and 201 Rodney Street, Wellsford

Open in map