Corner Ponsonby opportunity


158-164 Richmond Road, Ponsonby

Private Treaty

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Corner Ponsonby opportunity | 158-164 Richmond Road, Ponsonby | 1904027 |      X Close
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Corner Ponsonby opportunity


β€’ Freehold investment with diverse income streams situated on a prominent corner site of 368sqm (more or less)

β€’ A scarce opportunity in this tightly-held and highly-desirable location

β€’ Returning a combined income of $135,023pa (approximately)

β€’ Zoned Business - Neighbourhood Centre offering future development potential

Opportunities such as this seldom come to the market. Strategically positioned on one of the most sought-after streets in Ponsonby, the property encompasses a superette, barber, billboard and four residential tenancies, returning a combined income of $135,023pa (approximately).

The property enjoys ease of access to motorway networks and main arterial routes and is located a short distance from a range of amenities including the ever-popular Richmond Road shopping village, Countdown supermarket and countless popular dining options. Considerable future add-value and development potential can be unlocked due to its favourable Business - Neighbourhood Centre zoning.

Passive investors should not miss this strategically positioned city-fringe asset.

Tony Chaudhary

021 995 121

[email protected]

Amy Weng

021 177 3422

[email protected]

Damien Bullick

022 420 6845

[email protected]

158-164 Richmond Road, Ponsonby

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