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• Central Cambridge location, opposite New World Supermarket
• Potential for mixed-use redevelopment with concept plans available
• Split-risk investment across three income streams
• Combined total income of circa $93,495.57 per annum
• Zoned Commercial
Situated in the heart of the Cambridge, 9 & 11 Anzac Street present an outstanding investment opportunity with development potential. Located directly across from the bustling New World Supermarket, this high-profile property enjoys unparalleled visibility and convenience.
This split-risk investment generates a combined income of approximately $93,495.57 per annum from three streams. The existing tenants include New Zealand Thoroughbred Breeders at 9a Anzac Street, returning $22,197.14 annually (inclusive of rates); and Paws & Claws Pet Spa at 9b Anzac Street, returning $22,608.69 annually (no OPEX charged). Both tenants are secured until June 2025, with both expressing their interest in lease renewals. Additionally, Airbnb operations at 11 Anzac Street delivered strong gross earnings of $48,689.74 in 2024, adding further value and flexibility to this asset.
The site comes with concept plans for a mixed-use development, including apartments, commercial spaces, and secure onsite car parking. This adds significant appeal for investors or developers looking to capitalise on Cambridge's growing popularity and demand for quality urban living and business hubs.
The combination of these two properties provide both immediate cash flow and longer-term development potential. Its prime location in a Commercial Zone, coupled with its dual-purpose appeal, ensures this opportunity is not to be missed.
Contact Willem Brown today to arrange a viewing or to discuss how 9 & 11 Anzac Street can meet your investment goals.