Tenanted investment with upside
• Liquor store returning net $73,788pa plus GST
• Lease secured through to February 2029 providing income certainty
• 344sqm (more or less) Business-Mixed Use zoned site offering future flexibility
• Established retail location within the Ōtāhuhu commercial precinct
MOTIVATED AND REALISTIC VENDOR
This is an opportunity to acquire a well-positioned freehold retail investment in the heart of Otahuhu, anchored by a nationally recognised tenant and offering long term income security with future upside.
Situated on a 344sqm (more or less) site zoned Business-Mixed Use, the property benefits from flexible planning controls that support a wide range of commercial uses and potential longer-term redevelopment options, subject to council approval.
This zoning underpins both holding income and future value-add strategies.
Located within an established retail and commercial environment, 52 Atkinson Avenue enjoys strong local patronage, excellent connectivity to key arterial routes, and proximity to public transport, supporting tenant performance and long-term demand.
• Lease secured through to February 2029 providing income certainty
• 344sqm (more or less) Business-Mixed Use zoned site offering future flexibility
• Established retail location within the Ōtāhuhu commercial precinct
MOTIVATED AND REALISTIC VENDOR
This is an opportunity to acquire a well-positioned freehold retail investment in the heart of Otahuhu, anchored by a nationally recognised tenant and offering long term income security with future upside.
Situated on a 344sqm (more or less) site zoned Business-Mixed Use, the property benefits from flexible planning controls that support a wide range of commercial uses and potential longer-term redevelopment options, subject to council approval.
This zoning underpins both holding income and future value-add strategies.
Located within an established retail and commercial environment, 52 Atkinson Avenue enjoys strong local patronage, excellent connectivity to key arterial routes, and proximity to public transport, supporting tenant performance and long-term demand.
Key features
Floor area details
289sqm (approximately)
Lease
Liquor store returning net $73,788pa plus GST
Location
Strong local patronage, excellent connectivity to key arterial routes, and proximity to public transport
