108 Glengarry Road, Glen Eden, Auckland

108 Glengarry Road, Glen Eden, Auckland Own a Cornerstone of Glen Eden

Discover an exceptional investment opportunity at 108 Glengarry Road, Glen Eden. This multi-tenanted commercial/residential building sits on a prime 263sqm (mol) freehold title, offering a lucrative passive income stream.

Key Features:

• Zoned "Business-Neighbourhood Centre Zone"

• High-profile corner site with excellent traffic flow

• 180sqm (mol) building over 3 levels

• Double garage with storage

• Vacant ground-floor shop

• Nicely presented 3-bedroom residential unit (tenanted)

• Current passive income: $39,380,08 per annum (GST incl.)

• Potential additional income from unleased shop and garage: $25,000 per annum (plus GST)

• Total estimated passive income: $60,000+ per annum (plus GST)

Seize this rare opportunity to acquire a cornerstone property in the heart of Glen Eden. Contact us today for more information and to arrange a viewing.

CONJUNCTIONALS WELCOME BY ALL AGENCIES

Disclaimer - This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.