Multi Tenanted Ellerslie Investment With Upside

123, Main Highway, Ellerslie, Auckland City

Tender

Proposed Usage
Industrial
Floor Area
353.00 m²
Land Area
512.00 m²
Description:
Property ID
1btpy6s

- Four (4) tenancies currently returning a total of approximately $98,920pa net + GST with a further 52sqm vacancy to lease or occupy
- 512sqm freehold site in the heart of Ellerslie Shopping Centre
- Five (5) onsite carparks
- Easy access to the motorway and train network with a wide residential catchment nearby
- NBS Rating of 70% - Grade B

Explore the upside in leasing the vacant space and or future redevelopment under the Town Centre zoning, providing for retail, commercial and residential users.

This is an affordable opportunity for investors and owner occupiers in a popular location with income and add value potential.

Enquire about this property

Ellerslie Area