Unlock the potential of this exceptionally versatile commercial property located in the highly desirable BUSINESS MIXED-USE Zone. Generating an impressive annual income of $65,000, this 231m² property seamlessly blends residential and commercial spaces to ensure a consistent revenue stream.
Key Features:
• Prime Location: Situated in the heart of Otahuhu Town Centre, close to shops, public transport, and essential amenities.
• Mixed-Use Development: Built in the 1980s, the property includes a 75m² commercial warehouse with a 4m stud height and three one-bedroom residential apartments.
• Income Generating: All units are currently leased, providing a steady rental income.
• Development Potential: Ideal for medium-sized businesses requiring office, warehouse, or manufacturing space, with further development opportunities.
This property is tucked away at the end of a driveway, offering a perfect balance of privacy and accessibility for businesses. Whether you're looking to invest, use as is, develop or run your business, this property promises excellent returns and future potential.
Don't miss out on this rare investment opportunity in a strategic location.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.37 km | 3 | 2 | -m2 | Year 2024 Month 08 Day 01 | $895,000 | Council approved | |
 | 0.29 km | 4 | 3 | 0m2 | Year 2024 Month 07 Day 31 | - | Council approved | |
 | 0.38 km | 3 | 1 | 90m2 | Year 2024 Month 07 Day 10 | $570,000 | Council approved | |
 | 0.38 km | 2 | 1 | 92m2 | Year 2024 Month 07 Day 09 | - | Council approved | |
 | 0.38 km | 2 | 1 | 92m2 | Year 2024 Month 06 Day 24 | $429,500 | Council approved |
