115 Line Road, Glen Innes, Auckland City

Matatagpuan sa isang kilalang sulok sa Town Centre ng Glen Innes, ang 115 Line Road ay nag-aalok ng bihirang pagkakataon na magdagdag ng halaga na may malaking potensyal para sa pagpapaunlad.

Sumasakop sa isang 1,985sqm na freehold site, ang ari-arian na ito ay nagbibigay ng agarang kita mula sa apat na lease, kabilang ang mga kilalang tenant tulad ng G.A.S Petrol Station at Eastern Auto Electrical. Makikita ng mga developer ang malaking potensyal dito, dahil ang mababang coverage ng site at ang zoning na Business-Town Centre ay ideal para sa muling pagpapaunlad at mga hinaharap na proyekto. Dagdag pa, may malaking pagkakataon para sa mga investor na magdagdag ng halaga upang mapabuti ang mga termino ng upa at maksimisahin ang kanilang pamumuhunan.

Ang 115 Line Road ay madaling mapupuntahan sa pamamagitan ng Apirana Avenue, na nag-uugnay sa mga kalapit na suburb ng Mt. Wellington, Panmure, St Johns, at Saint Heliers. Ito ay 250m lamang ang layo mula sa Glen Innes Train Station, na nag-aalok ng direktang ruta papuntang Auckland CBD. Ang lugar ay nakakita ng malaking paglago dahil sa mga inisyatibo tulad ng AMETI project at Tamaki Regeneration Programme, na nagpapabago sa Glen Innes bilang isang masiglang retail hub na may patuloy at kamakailang mga pagpapaunlad.

May mga opsyon na angkop para sa parehong mga investor na magdagdag ng halaga at mga developer, ang bihirang pagkakataong ito ay available sa pamamagitan ng Deadline Private Treaty na may mga alok na dapat ipasa bago mag-4pm ng Miyerkules, ika-16 ng Oktubre 2024 (maliban kung maibenta nang mas maaga).

Huwag palampasin ang pagkakataon na mamuhunan sa isang ari-arian na may scalability tulad nito - makipag-ugnayan sa mga sole agent ngayon! Mga Tampok:

* 1,985sqm Freehold corner site na may kahanga-hangang profile

* Flat section na may mababang site coverage at malaking underlying land value

* Passing rental ng $182,947 p.a + GST + OPEX na may malaking potensyal sa pagtaas ng upa

* Business - Town Centre Zone na may 32.5m build height overlay

* Makabuluhang lokasyon ng paglago na may maraming bagong pagpapaunlad na nakumpleto o malapit nang matapos

* Malapit sa Glen Innes Train Station, AMETI Urban Busway at mga pangunahing arterial route tulad ng Apirana Avenue

115 Line Road, Glen Innes, Auckland City Add-Value Investment with Development Upside

Strategically positioned on a prominent corner site in Glen Innes' Town Centre, 115 Line Road offers a rare add-value opportunity with significant development potential.

 

Occupying a 1,985sqm freehold site, this property offers immediate short-term income from four leases, including notable tenants, G.A.S Petrol Station and Eastern Auto Electrical. Developers will find significant potential here, as the site’s low coverage and Business-Town Centre zoning make it ideal for redevelopment and future projects. Additionally, there is a considerable opportunity for add-value investors to improve the rental terms and maximise their investment.

 

115 Line Road is conveniently accessible via Apirana Avenue, connecting to the surrounding suburbs of Mt. Wellington, Panmure, St Johns, and Saint Heliers. It’s also just a 250m walk from Glen Innes Train Station, which offers direct routes to Auckland CBD. The area has seen substantial growth due to initiatives like the AMETI project and Tamaki Regeneration Programme, transforming Glen Innes into a vibrant retail hub with ongoing and recent developments.

 

With options to suit both add-value investors and developers, this rare opportunity is available via Deadline Private Treaty with offers due 4pm Wednesday 16th October 2024 (unless sold prior).

 

Don't miss a chance to invest in a property with scalability like this - contact the sole agents today!

Features:

* 1,985sqm Freehold corner site with fantastic profile

* Flat section with low site coverage and huge underlying land value

* Indicative Market Income of circa $240,755 p.a. + GST with Passing rental of $182,947 p.a + GST

* Business - Town Centre Zone with a 32.5m build height overlay

* Significant growth location with multiple new developments completed or nearing completion

* Close proximity to Glen Innes Train Station, AMETI Urban Busway and key arterial routes such as Apirana Avenue