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3 Bedrooms
2 Bathrooms
791sqm Land area SQM

Freehold Residential and Commercial Investment


- Superbly refurbished residential and commercial building on a large freehold site\n- Two modern and fully self-contained residential (1 x 1-bedroom and 1 x 2-bedroom) and long-standing doctors practice of nearly 50 years\n- Doctors practice returning $38,922.52 + GST pa (net)\n- Plenty of on-site carparking\n- 791sqm (more or less) land holding provides future subdivision potential (2 sites)\n- Investment, or live here and enjoy an attractive supplementary income flow\n\nInvestors - secure tenants for the two flats and add to current income from the well-established doctors practice. Recent rental assessments provide a rental range of $360 - $400 per week for the 1-bedrom flat and $460 - $500 per week for the 2-bedroom flat. \n\nResidential purchasers - take your pick of either of the two residences (or take both!) and enjoy the supplementary income.\n\nThis property offers a great long-term hold. It has a strategic Eastern Bays location, within a number of popular school zones, and is handy to the St Heliers Bay Village and Glen Innes Commercial Centre, and near a number of parks and reserves. Directly across the road is a popular cafe and convenience store and the location is well serviced by public transport . \n\nPlease register your interest for further information including the Commercial Lease Documentation, LIM Report, and Rental Assessment. \n

By Negotiation
Cameron Melhuish

Cameron Melhuish


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Available


Freehold Residential and Commercial Investment

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Location


St Heliers