Iconic Kingsland investment opportunity


492 and 498-500 New North Road, Kingsland

Private Treaty

Download Email
Iconic Kingsland investment opportunity | 492 and 498-500 New North Road, Kingsland | 1903633 |      X Close
Image
Description

Iconic Kingsland investment opportunity


β€’ Split risk investment opportunity - seven established tenants

β€’ Busy New North Road location, well situated within the Kingsland Village and within minutes to the Auckland CBD

β€’ 1,558sqm (more or less) freehold land holding across three titles

β€’ 100% of NBS (New Building Standard) - A Grade IEP rating

β€’ Returning $448,862.80pa plus GST and outgoings

An opportunity for astute investors to acquire a prominent City fringe investment on busy New North Road within the Kingsland Village, the property comprises seven tenancies including Holy Hop Op Bar and Restaurant, Nanny's Eatery (formerly KAGE), Domino's, Techmoto and various others.

Benefitted from its extensive street frontage, the property is returning a contract rent of $448,862.80pa plus GST and outgoings.

With well-established tenants in place, under pinned by the train station and Mt Eden Stadium, the opportunity presents itself for astute and add value investors alike to take possession in a premium location.

For further information, contact the Sole Agents today

Tony Chaudhary

021 995 121

[email protected]

Janak Darji

021 047 1290

[email protected]

Dean Budd

022 534 9724

[email protected]

*boundary lines are indicative only

492 and 498-500 New North Road, Kingsland

Open in map