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38-40 Victoria Road, Devonport, Auckland, 0 Bedrooms, 0 Bathrooms, Retail Property

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38-40 Victoria Road, Devonport, Auckland

333m2
544m2
Retail PropertyListed on Mon Nov 27
$2,971/Monthly repayments
Based on estimate value
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Devonport Freehold Corner Site with Upside

•NAI Harcourts is proud to exclusively offer a superb opportunity for investors to secure 38-40 Victoria Road, Devonport. Strategically positioned in the heart of Devonport with a prominent corner position, this is an excellent split-risk investment that you would be proud to own.

38-40 Victoria Road is situated on Freehold title comprising of 2 standalone buildings. Fully occupied with four established tenants. The site covers an area of 544m2 and is strategically zoned as Business - Town Centre.

Investment Highlights:

• Fully leased returning $119,000 net per annum + GST

• Significant profile with excellent corner exposure

• Strategically located within the Devonport township

• Redevelopment clauses included in leases

• Zoning: Town Centre Zone

• Rental growth opportunity

• Highly sought-after location

For more information and an appointment to view this property, please contact the Sole Agents at NAI Harcourts Cooper & Co today.

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Ref:L24461493Last update:2024-05-03 14:16:04