DEVELOPMENT SITE WITH HOLDING INCOME
33-35, Bute Road, Browns Bay, North Shore City
Price On Application
- Proposed Usage
- Floor Area
- 1512.00 m²
- Property ID
Enquire about this property
33-35 Bute Road presents a fantastic development opportunity to capitalise on the 'hot' Auckland residential property market.
The property is located in the popular, sought-after suburb of Browns Bay on Auckland's North Shore. This is an area currently experiencing huge growth with new apartment dwellings.
This freehold title of 2944m² includes a solid three level building with multiple income streams and a passing rental of $99,000p.a. net. This allows the new vendor ample time to plan the next phase of the property's life.
Each level measures approximately 504m² giving a total floor area of approximately 1,512m².
The trust says “time to sell” and wanting a result.
Don't miss this opportunity to make significant gains while holding costs are low.
Jimmy O'Brien 021 979 001 | Euan Stratton 027 580 7439