First Time for Sale in 30 Years


78 Coates Avenue, Orakei

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First Time for Sale in 30 Years | 78 Coates Avenue, Orakei | 4109548 |      X Close
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First Time for Sale in 30 Years


- Under utilised site with future development potential

- IEP rating in excess of 67% NBS

- Large premium land holding of 1,108sqm

- A rare opportunity to purchase in the tightly held Orakei precinct

All astute investors and developers must inspect this very rare opportunity. The property provides an attractive cashflow of $146,232.22 + GST p.a. It is fully leased and comprises a mix of retail and office tenancies and seven garages.

The property offers dual street access from Coates Avenue and Paora Street. It is located in an elevated Orakei ridge position and boasts stunning views of the harbour and Rangitoto.

Definite future development potential on this under utilised strategic land holding. A superb investment and add value either now or in the future.

This is arguably one of the best property offerings to hit the market in many years!