16-26 Moore Street, Howick, Manukau

Split risk investment with exceptional location

•1023sqm (more or less) of freehold high-profile location
•Split risk investment with future development potential
•Six retail tenancies on four titles
•Total return $206,848.19 + GST and outgoings
•Hold or develop
Situated in Moore Street, these four freehold titles are offered for sale. The six shops returning $206,848.19 + GST and outgoings. The tenants include Travel Associates, Greenland Cafe, Loan Market, Fau!kner, Bay Audiology and Domino's.

The property is Town Centre zoned, has a combined building area of 532sqm (more or less) on 1,023sqm (more or less) parcel of land, has a 13 meter height restriction under the Auckland Unitary Plan and a 42 metre prime frontage all of which indicate excellent potential for redevelopment (purchasers must make their own assessment). Or you could hold as the vendor has done and reap the benefits of the income from these excellent tenants.

Often said but opportunities like these are rare and becoming rarer.
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