• Prime Location: Approximately 1,940 sqm site held in three freehold titles with excellent road frontage.
• Strong Returns: Currently returning $142,000.00 + GST (net) per annum.
• Growing Precinct: Situated in one of the fastest-growing areas, moments from LynnMall.
• Future Potential: Attainable investment with significant future upside.
• Zoning - General Business Zone
Property Details:
• Total Area: Approximately 1,940 sqm
• Current Tenants: Fully leased to two tenants returning $100,000 + GST per annum and $42,000.00 + GST per annum.
Highlights: Located close to LynnMall shopping centre, public transport hubs, and local amenities, this property benefits from a generous road frontage and flexible General Business zoning. New Lynn is one of Auckland's fastest-growing retail, commercial, and residential precincts, making this property a unique opportunity for a wide range of purchasers, including investors, land bankers, future developers, and owner-occupiers. This rare land holding in a tightly held location offers immense potential for future development and significant returns.