SAFE RETAIL INVESTMENT

275-285, Great South Road, Otahuhu, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
1230.00 m²
Description:
Property ID
1bpb50t

FOR SALE BY DEADLINE PRIVATE TREATY - CLOSING 4PM 25 MAY 2016 (unless sold prior)

275-285 Great south Road Otahuhu has been an iconic retail location for nearly a century; this excellent split income investment is now on the market for sale for the first time in more than 25 years!

This property consists of 6 retail units each accompanied by residential accommodation on the first floor. The location benefits from great exposure to greats south road as well as a high pedestrian count.

This investment currently zoned as mixed use with a PAUP zoning of Business - Town Centre allowing developers flexibility in future for retail and apartment blocks.

• Holding income - Circa $210,202 net pa
• Future development opportunities
• Unbeatable location
• Information Memorandum, lease documents, property file and LIM reports all available upon request

Call now for more information or to arrange a viewing time.

Enquire about this property

Otahuhu Area