• Approximately 1,012sqm of high profile freehold site in popular location
• Well-maintained and upgraded property with 4 tenants currently generating $133,296.65 p.a. + GST
• Business Metropolitan Centre Zone provides future development potential
• Easy access to nearby New Lynn Train Station and the Southwestern Motorway
This exceptional 1,012sqm (more or less) corner site with current diversified cash flow provides enormous potential. The property is situated in a superb and unbeatable location within bustling New Lynn. Encircled with all the retail and commercial offerings you could possibly need, the property is only short walk to New Lynn train station and LynnMall.
Future and continuous population growth is expected as New Lynn has become the focus of large-scale urban development. Just 10 km to the southwest of the Auckland city centre, it is in close reach to other popular suburbs including Blockhouse Bay, Avondale, Titirangi and Green Bay. This is a significant opportunity well suited to landbankers, developers or add value investors looking to position themselves within prosperous New Lynn. Don't let this golden opportunity pass you by!