Otara - SUPERB CORNER SITE POSITIONING

Price Negotiation
Location Otara
Type Commercial & Industrial Office to Buy
Floor Area 383 m2
Listing No # 83481
Listed 21/05/2020
Views 2

Description

For Sale by Deadline Private Treaty, closing 2:00pm, Wednesday 17 June 2020 (unless sold prior) Level 3, 50 Kitchener Street, Auckland.

A superbly located two level corner property, with high profile in the heart of the Otara retail precinct, is being offered to the market.

  • Fully leased two retail shops and upper level office
  • 383m² of building
  • 220m² of Freehold land
  • Town Centre zoning
  • Three separate tenancies
  • 70% IEP structural rating

The property sits on 220m² of Town Centre zoned land. Built in the mid 1960's with an IEP rating of 70%, the property comprising of 383m² of gross floor area being a mixture of office space on the upper level and ground level retail space. There are three separate tenancies with a holding income of $92,000 per annum.

The property benefits from nearby public car parking as well as close proximity to major arterial routes with, SH1 being some 600 metres from the property.

Call now to request an information pack or to discuss the property in more detail:

James Marshall - 021 400 339 j.marshall@barfoot.co.nz

Agnes Teh - 021 308 900 a.teh@barfoot.co.nz

KEY FEATURES:

  • 383m² of building
  • 220m² of Freehold land
  • Town Centre zoning
  • Three separate tenancies
  • 70% IEP structural rating

    Please visit barfoot.co.nz for viewing guidance during COVID-19.

Contact our agents

James Marshall

P: 09 363 1664
M: 021 400 339

Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial

3/50 Kitchener Street
AUCKLAND CITY , 1010

Agnes Teh

P: 09 363 1624
M: 021 308 900

Barfoot & Thompson Ltd (Licensed: REAA 2008) - City Commercial

3/50 Kitchener Street
AUCKLAND CITY , 1010
RealEstate Agents contact details and original listing on www.realestate.co.nz -