231 Dairy Flat Highway, Albany, North Shore City, Auckland

Exciting multiple tenancy building offered for sale in the thriving Albany Village.

This property comprises a well-presented road frontage two-level building with an excellent and diverse mix of tenants, situated on a valuable freehold site in the heart of Albany Village. Near the Albany Village Library, Kell Park, and Massey Design Campus, along with a host of other retail and hospitality outlets, the location is superb and offers an excellent opportunity for future growth.

Albany Village is a special location on the North Shore offering the charm of old Albany together with top quality amenities and facilities. There is excellent public transport, easy motorway access and top-class amenities like Westfield Mall, North Harbour Stadium and Massey University just minutes away. The area is also very well serviced with excellent schools, retirement villages and day-care options.

The building is currently returning approximately $250,000 per annum plus GST with room for growth. There is an excellent mix of retail and commercial tenants all enjoying the benefits of the tidy building and central location. The tenants are anchored by an established Real Estate Agency and include a dentist, a Thai restaurant and a psychologist to name a few. The tenancies are an excellent mix, offering diversity and the opportunity to split your risk and maintain income in any climate.

FEATURES:

• Split risk high return investment

• Solid building with Grade A seismic rating

• Freehold road frontal site

• Multiple and varied tenancies

• Current income approx. $250,000 p.a. plus GST

• Future growth potential

Call our agents for further details.

See this listing on Barfoot & Thompson