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Eden Terrace

47 New North Road and 22 Exmouth Street, Eden Terrace, Auckland

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860sqm Land area SQM
893sqm Floor area

Mixed Use Investment on 860sqm Land, Opposite CRL


- Freehold character investment with development upside
- Diversified income from commercial and residential tenancies returning $222,472 p.a. (approx.)
- 860sqm land in 2 fee simple titles zoned Business - Mixed Use and Local Centre
- Elevated position overlooking Basque Park with development potential
- Strategic position in Grammar zone and just 150m from CRL station

Enjoy a diversified income from this well presented and refurbished investment, while enjoying the growth in this superb location. The property returns approximately $222,472 p.a. from a mix of commercial and residential tenancies. Underpinned by 860sqm of land in 2 fee simple titles, the property offers genuine future development potential with dual street frontages to New North Road and Exmouth Street.

This strategic location on the doorstep of the CRL station continues to flourish. Don't miss this opportunity, call now.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

14
Dec

Time4pm
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Alan Haydock

Alan Haydock


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

Damien Bullick


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

Features

Development site


Freehold character investment with development upside

Income


Diversified income from commercial and residential tenancies returning $226,377 p.a. (approx.)

Location


Strategic position in Grammar zone and just 150m from CRL station