• Four (4) separate tenancies returning $58,330.43 gross rental p.a. + GST.
• Mix of residential and commercial tenancies
• Opportunity to add value to the property
• Business - Mixed Use Zone
Bayleys is proud to present this opportunity to acquire a strategically positioned, split-risk commercial and residential investment in the heart of Otahuhu's mixed-use precinct.
This unique asset comprises three fully tenanted residential units, each offering stable holding income, complemented by a versatile clear-span warehouse at the front right of the property, which is currently occupied by a local operator as overflow storage. This blend of diversified income streams across both asset classes underpins the property's robust investment fundamentals.
Rarely do properties of this nature come to market, combining a high-yielding opportunity, multiple income sources, and the long-term upside of a well-connected South Auckland location. The Otahuhu industrial-commercial market continues to tighten, with ongoing infrastructure investment and residential growth driving increased demand and long-term value uplift.
For further information on this opportunity contact your sole agents today.
Matt Dell
027 221 9735
matt.dell@bayleys.co.nz
Jake Skeen
027 636 5650
jake.skeen@bayleys.co.nz
2 Harris Road, East Tamaki, Auckland
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
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