24 Prosford Street, Ponsonby, Auckland

Corner site contemporary hospitality investment

• Well established boutique cafe as tenant
• Surrounded by high density of commercial activities and affluent Ponsonby residential catchment
• Holding income returning approximately $55,796.00 p.a. + GST
• Eight car parks with three vacant car parks for potential rental upside

This tightly held property offers a great opportunity for any investors or future owner occupiers to secure a bottom drawer investment in the desirable central area of Ponsonby. 72sqm (more or less) strata titled property is situated on the ground floor of the contemporary designed apartment building - Apex. Walking distance to all the amenities of Three Lamps, Jervois Road main commercial retail strip, offices and easy access to the northern motorway of the Auckland Harbour bridge.

Tenanted by an established cafe tenant providing holding income of approximately $55,796.00p.a. + GST. Modern and purposed fit out as an upmarket cafe with built in commercial kitchen. Covered outdoor area for diners to enjoy the coffee, food and the sun. This rear opportunity is hard to come by, here is your chance call now for more information.