Perfectly positioned on a key thoroughfare in a sought after North Shore location is this high profile, multi-tenanted investment opportunity with exceptional fundamentals.
Returning $291,645 pa from seven tenants, the asset provides split risk, while allowing for future development potential under the ‘Neighbourhood Centre’ Unitary Plan Zoning for multiple uses including residential.
Anchored by a popular BP service station with over 11 years remaining on their current term, the development also features other complimentary tenants including a bakery, liquor store, café & take- away shop.
The site is centrally positioned and connects commuters from the busy Wairau Valley commercial precinct to Totara Vale, Sunnynook and Unsworth Heights, while also being only 12 minutes from Albany, 10 minutes from Takapuna and only 15 minutes from Auckland’s CBD outside of peak hours.
Don’t miss out on this unique North Shore opportunity – call the Sole Agents now for further information.
Matt Prentice 021 464 904 | Shoneet Chand 021 400 765
Ref #: 20633784
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