Mount Albert - INVESTMENT $2,475,000

Price $2,475,000 plus GST (if any)
Location 6A Owairaka Avenue, Mount Albert
Type Commercial & Industrial Retail to Buy
Floor Area 142 m2
Land 451 m2
Listing No # 84583
Listed 11/09/2020
Views 10

Description

A well positioned site off a busy arterial route, this 452m² Freehold corner site provides an excellent profile to passing trade. The site boasts approximately 40 metres of road frontage, with dual access from Owairaka Avenue and Tyburnia Avenue. The benefit of mixed zoning to 13 metres provides options for the future.

Returning a net income of $95,025 per annum plus GST with regular reviews, this property is offered with a lease to a quality service station tenancy, hard to replicate in the city fringe.

This property is an excellent opportunity to buy and collect rental while the land appreciates.

Contact now for further information.

Contact our agents

David Hazewinkel

M: 021 408 990

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

3/50 Kitchener Street
AUCKLAND CITY , 1010

Cam Paterson

P: 09 363 1623
M: 021 451 666

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 -