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Located in the heart of the Sandringham shops, this 209m² Freehold property offers both investors and occupiers an opportunity to take advantage of the strong surrounding residential catchment.
The high-profile property is subject to two short-term tenancies with $64,882.47 net income per annum. The ATM tenancy is on a month-to-month tenancy, and the cafe lease expires on 3 December 2024.
These short-term obligations are an opportunity for an investor to reposition the property, or an occupier could take advantage of the landlord's existing chattels to build their own hospitality business.
The vendor is motivated to divest, contact now for details and viewing times.
For sale by deadline private treaty closing 3:00pm, Tuesday 9 April 2024 (unless sold prior) at Level 3, 50 Kitchener Street, Auckland Central.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 4 | 2 | 0m2 | 2024年02月21日 | $2,257,000 | Council approved | |
 | 0.20 km | 4 | 2 | 0m2 | 2024年01月31日 | $2,075,000 | Council approved | |
 | 0.18 km | 2 | 1 | 57m2 | 2023年12月20日 | $600,000 | Council approved | |
 | 0.15 km | 3 | 1 | 96m2 | 2023年11月29日 | $1,120,000 | Council approved | |
 | 0.30 km | 4 | 2 | 115m2 | 2023年11月29日 | $1,265,000 | Council approved |