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Otahuhu

14 Avenue Road, Otahuhu, Auckland

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634sqm Floor area
695sqm Land area SQM

Private Treaty

(unless sold prior)

Split risk investment full of upside


• High profile in the heart of Otahuhu's transport network
• Freehold investment with multiple income streams
• Currently returning a combined net rental of $83,435pa (approx.) plus GST
• A Grade Seismic rating
• Zoned Business - Town Centre allowing future development potential

Positioned in central Otahuhu, 14 Avenue Road benefits from its close proximity to major transport networks including Otahuhu's Bus Station, Train Station and State Highway 1. The surrounding precinct has a combination of retail and commercial businesses including McDonalds, Z Service Station, Super Liquor and Dominos, all of which are well positioned to service the surrounding residential catchment and businesses. A chance for a range of add value investors, neighbouring owners and developers to acquire an approximate land parcel of 696sqm with substantial upside.

Otahuhu itself is a thriving, culturally diverse and fast developing area. Extremely well located to the Southern Motorway, major arterials and public transport networks, the property presents an exciting opportunity to purchase a split risk investment with options to add value.

Boundary lines are indicative only.

For further information, contact the SOLE agents today

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

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

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki

24

Jun

Time11am
Calander
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Janak Darji

Janak Darji


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Jordan Brown

Jordan Brown


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Amy Weng

Amy Weng


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

Features

Freehold investment


695sqm (more or less) fee simple site

High profile site


Situated amongst Otahuhu's busy transport networks

Split risk


Three tenants occupying five tenancies