Hot Retail Opportunity


6 Arrenway Drive, Albany

By Negotiation

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Hot Retail Opportunity | 6 Arrenway Drive, Albany | 377799 |      X Close
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Hot Retail Opportunity


- Add value/Break up!

- Attention Developers, Owner Occupiers, Tenants

- Large 1,847sqm freehold stand alone site with ample car parks

- Substantial 560sqm tilt slab building with holding income of $163,734.70pa + GST + OPEX

- Would suit a variety of uses including retail, restaurant, showroom, childcare, subject to Resource Consent

Located on the Eastern side of Arrenway Drive close to the junction with Triton Drive neighbours include The North Shore Plaza, Turners Cars and Fish City.

Currently occupied by Korean Sauna and The Nam San Restaurant the passing rental provides holding income with the option to terminate the Sauna tenancy. This property offers investors, owner occupiers, and developers an opportunity to grow the income or divide the property into a range of smaller units upwards of 80sqm and represents exceptional value for money.