- For Sale
For SaleDeadline Private Treaty 7th Oct 2021 4pm (Unless sold prior)
This iconic building, owner-occupied for over 70 years by Bhana Brothers' fruit & vegetable shop, presents add value investors or future owner occupiers a rare opportunity to stamp their mark opposite thriving Ponsonby Central and SPQR Restaurant and a stones throw from the Richmond Road/Picton Street intersection.
Currently with one retail shop operating from two original tenancies, this investment also comes with four spacious apartments, built over three levels, with the upper levels commanding fantastic views to the east and northeast across Freeman’s Bay to the Auckland CBD. This additional structure comes with four secure basement carparks and was completed in 1998.
With extremely high levels of customer foot traffic and a top shelf concentration of retail and hospitality businesses, the strategic position really does epitomise the real estate maxim of ‘location, location, location'.
Owner Occupiers looking for a prestigious position for their business or add value investors should seriously consider this opportunity.
Call the sole agents today, Jonathan Lynch and Kris Ongley.
Ref #: 20800014