A Piece of Gem In Central Ponsonby

• Two street front adjoining retail units titles with four auxiliary unit titles for sale together
• Suited in central Ponsonby area directly opposite to western park
• Properties in the precinct are well held and rarely come to the market
• The property is occupied with multiple tenants returning a current net rental of $39,600pa + gst

The retail area is situated on the ground floor of the serviced apartment complex known as the Quest Ponsonby. It is between Williamson Avenue and Crummer Road and close to
Karangahape Road. The covered carparks are situated below ground level.

The property is tenanted by an experienced property management company who has been operating since 2005.

Nearby 'Vinegar Lane' development has made significant strides on the Cider Building, which will house the new Countdown Supermarket, Fairfax and other specialty retail outlets. Fairfax signing up as the head office tenant, they are investing $7m in creating a modern workspace for the 500 staff that will move to the site.