KEY FEATURES:
• Seismic rating of 100% NBS (Grade A)
• 334m² of Freehold land
• Building approximately 410m²
• Six car parks
• Fully leased to long-term tenants
• Split risk investment
• Grade A building
• Ample council car parking at rear
• Zoned Business - Local Centre
A fully leased split-risk investment with with rental growth built in. Total net income will be $155,392 + GST from October 2023.
Superbly located within the Mt Roskill shopping precinct on Dominion Road and a short distance to the Mt Albert Road intersection. The site has great profile and the convenience of ample council car parking directly behind the property with access via Mt Albert Road and Jasper Avenue.
A bank was in occupancy from 1992 until 2018. The building has been newly refurbished and comprises two retail tenancies and a Vodafone cell tower site. The ground floor is split between the two tenancies; a 24/7 laundromat and a Mediterranean restaurant, with internal access to the first floor. Both tenants have completed an extensive fitout with their long-term leases.
The property is close to the newly completed Waterview Connection, providing easy access to all Auckland motorway interchanges. Dominion Road is an arterial road running north to south from the city to Mt Roskill.
The property has been under the same ownership for 25 years and is now for sale for the first time since 1997. This is an opportunity not to be missed.
Contact the listing agent for further information.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.15 km | 4 | 1 | 140m2 | 2024年04月19日 | $1,450,000 | Council approved | ||
0.21 km | 2 | 1 | 80m2 | 2024年04月09日 | $878,000 | Council approved | ||
0.35 km | 3 | 2 | 102m2 | 2023年12月16日 | $1,660,000 | Council approved | ||
0.10 km | 2 | 1 | -m2 | 2023年11月23日 | $910,000 | Council approved | ||
0.35 km | 4 | 3 | 197m2 | 2023年11月19日 | $1,450,000 | Council approved |