Prized investment with reliable income
• Freehold site in Devonport Town Centre
• Returning $133,307pa + GST and outgoings from four tenancies
• Well-maintained building owned by local landlord for 30-plus years
Situated in the tightly held township of Devonport and fresh to the market, 53-55 Victoria Road presents a beautiful investment opportunity with a diverse income stream and an excellent position on Victoria Road.
The property comprises three functionally sized and configured retail tenancies and a single first-floor tenancy occupied by a beauty therapy salon that has been in occupation for over 30 years. All of the tenants benefit from the high profile and central Devonport location.
Devonport is situated only five minutes by ferry from Auckland City Centre and it is currently experiencing a wealth of private investment from several landlords which will continue to unlock the potential of this charmingly unique and affluent seaside suburb.
• Returning $133,307pa + GST and outgoings from four tenancies
• Well-maintained building owned by local landlord for 30-plus years
Situated in the tightly held township of Devonport and fresh to the market, 53-55 Victoria Road presents a beautiful investment opportunity with a diverse income stream and an excellent position on Victoria Road.
The property comprises three functionally sized and configured retail tenancies and a single first-floor tenancy occupied by a beauty therapy salon that has been in occupation for over 30 years. All of the tenants benefit from the high profile and central Devonport location.
Devonport is situated only five minutes by ferry from Auckland City Centre and it is currently experiencing a wealth of private investment from several landlords which will continue to unlock the potential of this charmingly unique and affluent seaside suburb.
Key features
Available
Well-maintained building owned by local landlord for 30-plus years
Location
Devonport is situated only 12 minutes by ferry from Auckland City Centre
Opportunity
Freehold site in Devonport Town Centre
