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.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.49 km | 3 | 1 | -m2 | 2024 12 01 | - | Council approved | |
 | 0.56 km | 6 | 6 | -m2 | 2024 09 01 | $1,500,000 | Council approved | |
 | 0.56 km | 3 | 2 | -m2 | 2024 08 01 | $895,000 | Council approved | |
 | 0.52 km | 4 | 3 | 0m2 | 2024 07 31 | - | Council approved | |
 | 0.58 km | 1 | 1 | -m2 | 2024 07 25 | - | Council approved |
