Originally an office warehouse with a two-bedroom apartment above, this 1950s character property offers both genuine profile and versatility, with three potential separate tenancies on an approximately 223m² Freehold site.
The property occupies a superb, elevated north-facing position on the corner of Lake Road and Williamson Avenue in Belmont and enjoys full exposure to the high daily traffic count from the busy intersection.
The property is to be sold with the first floor vacant and the ground floor tenancies on short-term leasing arrangements. The first floor, previously an apartment, offers a sunny and warm space with timber flooring and panoramic views of Mount Victoria and Auckland CBD from its rooftop deck area. The ground floor is currently on short-term leasing arrangements to a beauty tenancy and a building company, the latter of which uses their space as stylish offices. There is air-conditioning throughout the property.
Zoned Business - Local Town Centre, the opportunity exists for either future development or to fully lease, allowing for a true split-risk investment in what is a bustling location.
Contact the sole agents for further details. Viewings are strictly by appointment.
KEY FEATURES:
• Freehold corner site of approximately 223m²
• Future development opportunity
• Potential split-risk investment
• Panoramic views of Mount Victoria and Auckland CBD