STRATEGIC PONSONBY INVESTMENT

G5/70, Ponsonby Road, Ponsonby, Auckland City

$898,000

Proposed Usage
Office
Floor Area
91.00 m²
Description:
Property ID
1bt2jyn

The property at 70 Ponsonby Road comprises a freehold unit that is leased to a high profile architecture firm with two large digital sign boards and a secure car park. Brand new 4 x 4 x 4 lease with built in rental growth returning $42,640 net per annum located on the ground level of the Quest Apartment Complex.

The western end of Ponsonby Road is going through dynamic change thanks in part to Ponsonby Central, but also to the completed Countdown/Fairfax development and Vinegar Lane mixed use development that are directly behind the subject property.

In recent years this location has grown in popularity with many businesses and residents due to the character, vibrancy and a wide range of high quality amenity and services, motorway access and proximity to the CBD.

Do not miss out on this entry level investment - enquire today!

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Ponsonby Area