1 Lydia Avenue, Northcote, North Shore

High profile corner with excellent cashflow

• Fully tenanted mixed-use investment returning $150,037.28pa and outgoings
• Diversified income stream across multiple tenancies
• 607sqm freehold corner site with 467sqm of floor area
• Elevated ridgeline position with views toward Auckland City and development potential

Positioned on a prominent corner site in Northcote, 1 Lydia Avenue presents a fully leased mixed-use investment underpinned by diversified income and long-term land value. The property is now fully tenanted and returning $150,037.28pa and outgoings, providing investors with split-risk income across multiple occupiers in an established suburban commercial location.

Comprising approximately 467sqm of building area on a 607sqm freehold site, the property combines immediate cashflow with future flexibility. Its Business - Neighbourhood Centre zoning, corner profile and elevated ridgeline position provide strong fundamentals for investors seeking a passive holding income today with longer-term redevelopment upside.

Held by the same family since construction and offered to the market for the first time, this is a rare opportunity to secure a fully leased investment with genuine underlying land value in a tightly held North Shore location.