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Spa Road Mixed Use Environment - Will suit Owner/Occupiers or Investors        

1/97 & 2/97 Kaimanawa Street are located in the Spa Road Mixed Use Environment zone, which allows for maximum building coverage of 50%, and maximum plot ratio of 100% of the land area.  The buildings have most recently been used as professional offices and a hair & beauty salon.

1/97 Kaimanawa Street

 ~  Land area: ½ Int in 913m²

 ~  Floor area: 

                         110m² offices/salon

                         15m² studio with separate toilet, handbasin & hot water

                                                

2/97 Kaimanawa Street 

 ~  Land area: ½ Int in 913m²

 ~  Floor area: 64m² professional private offices/health/well-being

* Both buildings have low maintenance brick cladding

* Excellent street profile

* Zoning allows for 50% site coverage and 100% plot ratio

* Excellent long-term development proposition with solid holding income

* Market rental income c.$52,000 p.a. + GST & outgoings

* Very good onsite parking

* Close to Spa Road arterial

* Attractive gardens & peaceful environment 

 

Call Hugh Milloy, 021 901 390 for further information and to view.



Ref #: 20618695
  • 03/03/2021
  • Contact our experts for details on this transaction.