High Profile Multi-Tenanted Investment

1280-1282, Dominion Road, Mount Roskill, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
435.00 m²
Land Area
425.00 m²
Description:
Property ID
1bs6vhc

- Freehold properties on two titles
- Established three tenants: Dental surgery, Finance company and Property rental & management company
- Currently returning $97,268 + GST per annum
- Future mixed use development opportunity up to four storeys high, enabling residential use on the upper floors
- Huge amount of exposure to 4 way traffic and very close to State Highway 20 (SH20) Dominion Road interchange
- Latest refurbishment done approx. 1 and a half years ago including new lift and ducted heat pumps

This is a spread risk investment for passive investors who prefer a freehold property with multiple tenants. The property not only provides a good income stream but also under the Auckland Unitary Plan (operative in parts) is available for a mixed use development. Furthermore each building has it's own entrance so it has huge potential for redeveloping the site upon future plan. This website provides a video watching of this property, please click to view.

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Mount Roskill Area