Mt Eden Investment on 15 Year Lease

3, Enfield Street, Mount Eden, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
843.00 m²
Land Area
938.00 m²
Description:
Property ID
1btq2ts

- Freehold standalone investment property on 15 year lease
- Fully refurbished and seismically strengthened
- Returning $260,000 + GST p.a.
- 938 sqm Mixed Use land holding in Grammar Zone
- Perfect long term investment in strategic Mt Eden location

A rare chance to secure a character City Fringe commercial investment property, which has been refurbished and seismically upgraded. Operating as the famous Horse and Trap this property offers purchasers a 15 year lease plus rights of renewal and is returning $260,000 + GST p.a.

The property is located in a sought after Mt Eden location, a short distance from the Mt Eden retail precinct and with easy access to public transport, motorways and Auckland CBD.

The property is also underpinned by a 938 square metre (more or less) fee simple land holding, which is zoned Business - Mixed Use under the Auckland Unitary Plan.

Note: the neighbouring property at 1 Enfield Street is also available for sale. For further information, please see www.bayleys.co.nz/1683648.

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Mount Eden Area