- Enjoy the cash flow from 31 covered car parks while your new 76sqm retail unit is being constructed
- Strategic location on the border of Auckland's CBD
- Excellent profile with exposure to approximately 16,000 cars per day
- High yielding investment with further rent upside
First and foremost, this is a rare opportunity to secure 31 covered car parks
(contained in 29 Accessory units) in a fast-developing location, just a stroll away from Queen St, Universities, Auckland Hospital and Mt Eden Train station.
Currently under-rented on a monthly basis, there is room to further tune this high yielding performer into an enviable star of a diversified property portfolio.
The car parks are accessory units to one of the nine retail units with a high profile frontage to Symonds Street, a main arterial into Auckland's CBD.
Due to weather-tightness issues these retail units are schedule to be demolished and redeveloped, providing buyers with a brand-new retail unit of circa 76sqm for adding further income to the bottom line once completed.
A unique investment opportunity for astute property investors. Call now!