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Unlock the potential of this SPLIT RISK INVESTMENT. Exceptional retail property located in the heart of Otahuhu. Spanning an expansive Freehold land area of 1470 sqm and featuring a substantial building area of 903 sqm, this versatile space is ideal for a variety of retail ventures or investment opportunities.
Prime Location: Situated at the bustling intersection of Atkinson Avenue, this property being a corner site, benefits from high visibility and foot traffic, making it perfect for attracting a diverse clientele. Urban Appeal: Surrounded by a vibrant cityscape and a mix of residential and commercial developments, this location is poised for growth and increased patronage.
The property boasts its own parking spaces and design elements, along with practical amenities for both customers and staff.
With the retail market in Otahuhu continuing to thrive, this property represents a unique opportunity for investors and business owners alike. Seize this opportunity to invest in a property that promises not just a place to conduct business, but a strategic asset for your future.**Don't Miss Out!
Use the Eight Separate tenants to bring in $290,800pa. Includes 5 commercial and 3 residential outlets
All properties will be sold together Take advantage of the holding income and land bank for future development. Explore your options, Do your Sums, Prepare for Auction. Call me for more information and register for the auction.
Auction Date: 6 March 2025 at 3pm @ 190 Great South Road, Manurewa
Property details
24 Atkinson Avenue, Otahuhu
Freehold, Lot 1, DP 82653, CT NA39B/1, Land Area 385m2.
23 Princes Street, Otahuhu
Stratum in Freehold, Unit A and AU 1-2 , DP95071, CT NA51A/847, Land Area 307 m2
26 Atkinson Avenue, Otahuhu
Stratum in Freehold, Unit B and AU 3-4, DP95071, CT NA51A/848, Land Area, 778 m2
Disclaimer: The floor and land area sizes provided have been sourced from Relab, Property Smart, or Auckland Council (LIM) documents. These measurements have not been independently verified by the Salesperson or South Realty Ltd. Additionally, for website functionality, the property may have been filtered into a specific price range. All prospective purchasers are advised to conduct their own due diligence, obtain independent legal and expert advice, and verify all details provided during the property's marketing campaign. This includes but is not limited to, floor and land sizes, boundary lines, underground services, and any relevant scheme plans or consents.
