Royal Oak
7-9 Campbell Road, Royal Oak, Auckland
+14
City fringe freehold - income with upside
Key features:
• Add value investors, potential owner-occupiers, take note
• Freehold 380sqm (more or less) site with 336sqm (approximately) building
• 100% NBS rating, Grade-A
• Recently upgraded with a new roof, reducing near-term capital expenditure
• Currently returning $102,304pa + GST net per annum with 2.5% fixed annual increases
• Business - Town Centre zoning within a well-established, high-activity location
Positioned in the heart of One Tree Hill, 7-9 Campbell Road presents a well-located freehold opportunity.
The property comprises a 380sqm (more or less) freehold site, improved by a 336sqm (approximately) single-level building. Recent improvements, including a new roof, further enhance the property and minimise near-term capital expenditure.
The property benefits from flexible planning controls, allowing for a range of future uses including retail, commercial, or potential intensification over time.
Tony Chaudhary
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Manmeet Singh
Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Beterly Pan
Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008
Features
Land area breakdown
Freehold 380sqm (more or less) site
Floor area details
336sqm (approximately)
Lease
Returning $102,304 + GST net per annum with 2.5% fixed annual increases from a long-term lease to First National Real Estate through to 2038
A-grade
Recently upgraded with a new roof, reducing near-term capital expenditure
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