Premier Remuera Investment
616-618, Remuera Road, Remuera, Auckland City
- Proposed Usage
- Floor Area
- 143.34 m²
- Land Area
- 258.00 m²
- Auction Date
- 11:00 - Dec 06, 2017
- Property ID
- Premier freehold investment in Remuera's tightly held Upland Village
- Family trust sells after nearly 35 years of ownership
- Fully leased providing an attractive cash flow of $76,143.60 + GST p.a.
- Investments of this calibre are scarce - do not miss this proven performer
This is a bottom drawer investment that you will be proud to own. Its a proven performer. Cachet, a popular womens clothing retailer, has been in occupation at 616 Remuera Road for some 30 years. Next door, 618 Remuera Road, has been a liquor store for almost the same length of time. Both tenants enjoy the prominent position in Remuera's Upland Village, a tightly held boutique commercial precinct surrounded by some of Auckland's most established residential suburbs.
This freehold investment offers genuine future add value opportunity under the Auckland Unitary Plan. Its new zoning allows for additional height and floor area and residential use at the upper floors.
A top shelf investment with future add value opportunities. Dont delay, call now!