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A change in vendors circumstances dictates a sale of this solid freehold Birkenhead CBD property.
Featuring a total floor area of 367sqm spread over two levels, this well presented property also presents add value opportunity to convert the first floor into three residential studio apartments by taking advantage of the new Resource Consent (to be issued).
The total land area is 372sqm and the site is zoned Business – Town Centre, which lends itself to a wide range of activities under the Auckland Unitary Plan. This opportunity would easily lend itself to either commercial or retail uses with minimal work required.
Holding income of $8,000 pa is provided by ASB Bank via the ATM lobby positioned at the front of the property.
Vendor has instructed us to present all offers! Call now for further information or to arrange an inspection.
Shoneet Chand 021 400 765 l Jimmy O'Brien 021 979 001
Features:
* Appraised Market Rent - $130,000 pa net
* ASB ATM Holding income of $8,000 pa
* 372sqm freehold title
* Business Town Centre zoning
* 367sqm 2 level building with add value potential
* 67% NBS – Seismic Rating
* Resource Consent applied to convert First Floor to residential
* Change in vendors circumstances – present all offers!
* Sole Agency – call now to inspect
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 3 | 3 | 164m2 | 2024年04月24日 | $900,000 | Council approved | |
 | 0.21 km | 3 | 2 | -m2 | 2024年03月26日 | $925,000 | Council approved | |
 | 0.12 km | 1 | 1 | 50m2 | 2024年03月22日 | $635,000 | Council approved | |
 | 0.08 km | 2 | 1 | 75m2 | 2024年02月26日 | $499,000 | Council approved | |
0.08 km | 2 | 1 | 75m2 | 2024年02月07日 | $499,000 | Council approved |