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Unit 3/245 Cornerstone Drive, Albany, North Shore City, Auckland, 0 bedrooms, 0浴, Retail Property

$775,000

Unit 3/245 Cornerstone Drive, Albany, North Shore City, Auckland

137m2
Retail PropertyListed on Mon Feb 26
$4,604/Monthly repayments
Based on estimate value
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Albany TENANTED INVESTMENT $775K RETURNING 6.3% PLUS

A superbly located property in a high profile location, close to Westfield Albany Shopping Centre. The ground floor unit is in a prominent position near the motorway, close to on and off-ramps. Offering sale price $475,000 below government valuation. 

The property has an extensive professional fitout and a separate kitchen unit. It benefits from being underneath the Ramada Albany Hotel, which has 66 serviced apartments. The neighboring apartment block, OKLA, has 117 apartments.

KEY FEATURES:

• Great buying, tenanted investment

• For quick sale - price reduced to $775,000 + GST (if any) 

• Annual rental $48,960 + GST

• Government valuation $1,250,000

• Sale price $475,000 below government valuation

• Tenanted hair salon - ground floor retail

• Albany landmark property

• High-profile Ramada Hotel

• Opportunity to purchase this awesome property significantly below replacement cost

• Present your offer now, motivated vendor, property must be sold

See this listing on Barfoot & Thompson

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Ref:4023762Last update:2024-05-07 03:13:42