TWO AFFORDABLE RETAIL SHOPS ON ONE TITLE

129-131, Queens Road, Panmure, Auckland City

Auction

Proposed Usage
Retail
Floor Area
201.00 m²
Description:
Property ID
1bswvqz

This premises is well located in the Panmure main street. Excellent exposure to vehicle and foot traffic. The building was constructed circa 1950's. The building floor area is 201m² on a 263m² Freehold site. Two shops on one title.

• 131 Queens Road (approx 131m²) - vacant with a rental appraisal of $26,025 pa + GST & outgoings
• 129 Queens Road (approx 70m²) - well established long term tenant trading as 'Queens Kebabs' returning 17,025 pa + GST & outgoings

Key Features:
• Two shop frontages. Good exposure
• Floor area 201m² on 263m² of Freehold land
• Well established long term (18yrs) tenant, returning $17,025 pa in the smaller shop
• Set up your own business in the bigger shop or rent it out
• Business - Town Centre zone

This premise is provided by the zoning under the Proposed Unitary Plan - Business Town Centre, which may allow for development of up to 27 meter in height of a multi-level residential / retail opportunity.

Vendor will meet the market to sell!

Please call sole agency Sue Ma 021 988 696 and Jane Chen 0275 486 749

Enquire about this property

Panmure Area