4 Lovegrove Crescent, Otara, Manukau

566sqm freehold site - three road frontages

DEADLINE PRIVATE TREATY BROUGHT FORWARD TO 2PM WEDNESDAY 2ND DECEMBER 2020

• Suited to a range of developers, owner occupiers or add value investors
• 566sqm freehold corner site
• Zoned Business Light Industry
• 60% IEP rating
• Holding income in place with the final expiry 2022

Located on a corner site with three road frontages, this 566sqm freehold site is a ripe opportunity for an owner occupier or add value investor to take possession and either reposition their business or the existing building. The current building has a floor area of 110sqm with roller door access and yard space to accommodate a range of uses.

The property is located in the centre of Otara, in the middle of all trades, residential and commercial properties. The property benefits from its location, with easy access to public transport facilities and motorways. Nearby neighbours include Otara NZ Post, Kiwi Bank etc. The surrounding residential area is growing fast feeding demand for retail related services. With the motorway interchange nearby, it is easy to connect to Manukau City and the Auckland International Airport making this a convenient location.

For more information or to discuss alternative property requirements, please contact:

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz

Jordan Brown
021 144 9825
jordan.brown@bayleys.co.nz