Welcome to Rose Alley at 5 Rose Road, Ponsonby—a strategically located and architecturally designed hospitality laneway and office suites now available for purchase. This premier asset offers discerning buyers an exceptional opportunity to acquire a meticulously refurbished property in a rapidly developing area.
Highlights:
• Versatile Space: Spanning an impressive 508sqm on a 379sqm freehold site, this two-level standalone building has been meticulously refurbished to the highest standards, offering a versatile mix of hospitality, retail, and office.
• Seismic Rating: The property boasts an A-grade seismic rating of 100% NBS, ensuring safety and compliance.
• Diversified and Consistent Income Streams: Rose Alley generates $253,240 plus GST and Opex per annum from 9 separate income streams, with potential for more.
• Strategic Location: Positioned just off Ponsonby Road and directly opposite the Ponsonby Countdown supermarket, 5 Rose Road enjoys a high-profile location in a vibrant and evolving precinct. The area is experiencing significant growth with ongoing developments such as Vinegar Lane, the newly completed Greenhouse apartments, and Rose Road apartments, enhancing its appeal and potential for future value appreciation.
• Zoning: 5 Rose Road is zoned Business Town Centre under the Auckland Unitary Plan, allowing for a mix of commercial, retail, hospitality, and residential activities.
JLL is pleased to offer this strategic and versatile freehold property for sale, with offers closing at 12pm on Thursday, 18th July 2024 (unless sold prior).
Rose Alley is more than just a property; it's a rare find in a tightly held market. This premier Ponsonby standalone offers an unmatched opportunity to capitalize on a meticulously refurbished space in a prime growth location. Don't miss out on making this stunning property part of your portfolio.
**Ideal For: Passive investors, hospitality operators, local investors, and family offices. All must inspect.