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395sqm Floor area

Auction

Retail in CBD - Around 9% Return


* Fully leased standalone in CBD\n* 2 x retail shops plus 3 x apartments, 4 x car parks\n* Refurbished and close to proposed City Rail Link Station\n* Net rental $157,175.30pa\n* Suit passive and add value investors\n\nA superb split risk investment. The bustling Karangahape Road Precinct is changing rapidly with new apartment complexes being planned and developed on this under-developed CBD ridge. Situated on the inner city Link Bus route and close to the proposed Karangahape City Rail Link Station. A keen vendor is determined to meet the market and it is becoming very difficult to purchase CBD standalone buildings around 9% return.\n\nFor sale by Auction\n11:00am, Wednesday 14th May 2014\n4 Viaduct Harbour Avenue\nMaritime Square\nAuckland

Auction

4 Viaduct Harbour Avenue, Auckland

14

May

Time11am
Calander
Calendar
Nigel McNeill

Nigel McNeill


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Leah La Hood

Leah La Hood


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Car Parks


2 x 2 (stacked)

Floor Area


395sqm (approx)

Zoning


Central Area SMA4 K'Rd Precinct