Retail Investment with Residential Potential

100, Queens Road, Panmure, Auckland City

By Negotiation

Proposed Usage
Industrial
Floor Area
1701.00 m²
Land Area
979.00 m²
Description:
Property ID
1bskv4j

- Multi tenant retail investment
- Prime location in main street of Panmure
- Town Centre Zone under Proposed Unitary Plan
- Residential potential
- Returning circa gross rental $210,000 pa + GST

Located on the main street of Panmure, this multi tenanted two level retail building consists of a central shopping arcade with first floor offices and commercial premises. There are 12 tenants occupying a net lettable area of approximately 1,400sqm on a freehold site area of 979sqm. This outstanding investment offers secure income with the long term potential for residential conversion under the Town Centre Zoning of the proposed Unitary Plan up to a height of 15.5m subject to planning rules and site survey.

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Panmure Area