89 Greenlane East, Remuera, Auckland

Remuera multi-tenanted medical opportunity

• 842sqm (more or less) freehold corner site
• Split risk, multi-tenanted offering returning $124,616pa plus GST (net)
• Strategic position near to MercyAscot Greenlane Hospital and motorways
• Options to invest, occupy, occupy with income or develop!

89 Greenlane presents a generous-sized freehold, corner site with income. It occupies a high-profile corner position across the road from MercyAscot Greenlane Hospital, is moments from the Remuera Village and provides fantastic motorway access in both directions.

Configured as two medical suites, the property currently returns $124,616pa plus GST (net). Favourable Business - Mixed Use zoning allows development to a height of 18m (subject to the necessary consents).

Owner-occupiers can choose to utilise the entire property or part of it while enjoying rental income from the balance. Being multi tenanted, investors can take comfort in the split-risk income stream. Developers will appreciate the intensive zoning, corner position, and the tactical location of the property.

Given the rarity of such assets hitting the market, this is an opportunity not to be missed. Buyers interested in capitalising on this property's potential should act swiftly.