DECLARED RESERVE $895,000 (8.4%)!

1/1976, Great North Road, Avondale, Auckland City

Auction

Proposed Usage
Retail
Floor Area
227.00 m²
Description:
Property ID
1btvybg

The retail shopping precinct on Great North Road has been positively impacted by intensive residential development around the Avondale Racecourse and the significant infrastructure projects currently underway, specifically the new motorway interchange that will dramatically improve access and accessibility to Auckland Airport and the central city. With an easy walk to the Avondale Train Station and close proximity to State Highway 20 & State Highway 16 on-ramps, this freehold unit is in a prime and rapidly growing location.

1976 Great North Road is a fully leased freehold unit with three separate income streams. Diversified income from a clothing retailer, tattoo shop and potential residential make this a secure investment providing a gross income of approx $75,400 per annum. Explore the advantages of this entry level split risk investment by calling us today.

Declared Reserve $895,000, which is 8.4% gross yield! Call now for more info!

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Avondale Area