DEVELOPMENT SITE WITH HOLDING INCOME

33-35, Bute Road, Browns Bay, North Shore City

Price On Application

Proposed Usage
Office
Floor Area
1512.00 m²
Description:
Property ID
1bz1f0j



33-35 Bute Road presents a fantastic development opportunity to capitalise on the 'hot' Auckland residential property market.

The property is located in the popular, sought-after suburb of Browns Bay on Auckland's North Shore. This is an area currently experiencing huge growth with new apartment dwellings.

This freehold title of 2944m² includes a solid three level building with multiple income streams and a passing rental of $87,027p.a. net. This allows the new vendor ample time to plan the next phase of the property's life.

Each level measures approximately 504m² giving a total floor area of approximately 1,512m².

The trust says “time to sell” and wanting a result.

Don't miss this opportunity to make significant gains while holding costs are low.

Jimmy O'Brien 021 979 001 | Euan Stratton 027 580 7439

 

Enquire about this property

Browns Bay Area