• Prime freehold 1,012sqm site in the commercial centre of New Lynn
• Split tenancy Retail/ offices returning approximately $138,000.00pa + GST
• Zoned Business - Metropolitan Centre great land bank for the future
The seven tenancies are returning a total of approximately $138,000.00pa + GST with a balanced mix of retail, hospitality and office tenants. The ultimate split-risk investment for the new owner with the eye to the future, the property is well suited for any add value investors, landbankers and developers looking to position themselves within prosperous West Auckland.
Located in walking distance to/from LynnMall and the train station, this retail block is advantaged by high levels of passing car traffic and commuters alike.Furthermore, the opportunity provides connectivity and accessibility to adjacent retail and commercial precincts, Central Auckland and much much more.
Zoned Business Metropolitan Centre for future development opportunities, the property is positioned within the heart of developing and thriving New Lynn with residential apartments in the vicinity and future residential developments marked for the area. The height allowance of up to 72.5m will provide flexibility and opportunities to the new owner.
Clear instructions to sell. Call today for more information.