- For sale
For SaleDeadline Private Treaty 8th Jun 2022 15:00:00 (Unless sold prior)
Future Mixed-use site? With a combined land area of 2833sqm, this north-west facing corner site (all 3 titles) overlooks leafy Hinemoa Park, with FMG Stadium just to the north. Incredible amenity value here with squash and tennis courts across the road, 2 supermarkets within walking distance, 2 stadiums (rugby and cricket) and transport routes at your door step. The holding income from 360 Tristram Street (and the currently vacant 340 Tristram) will keep the bank happy while you plot, plan and consent. Zoned Central City Zone - Living Precinct.
Alternatively on their own, 340 and 360 Tristram Street present interesting opportunities……
340 Tristram sits on 923sqm of freehold land, with circa 360sqm of building footprint (plus 105sqm mezzanine) at 80% NBS, with 12+ onsite car parks.
360 Tristram Street (and 31 Liverpool) provide holding income of around $342,000pa from a range of tenants on various lease terms. Options here include a high yield passive investment, refurbish for a pride of ownership hold, convert to residential, or knock down and start again. The current office income is boosted with a combined 42 car parks across both the Tristram Street frontage and the Liverpool Street (leasehold) title.
Buy one or buy all 3 titles, call the sole agents for an information memorandum.
Ref #: 20969368