Multi-tenanted freehold corner block

89, Princes Street, Otahuhu, Auckland City

Auction

Proposed Usage
Retail
Description:
Property ID
1c12gwd

- Split-risk investment in central Otahuhu
- Fee simple, single level corner block
- Zoned Business Neighbourhood Centre offers future development potential
- Established tenants returning an income of circa $88,000pa plus GST and outgoings
- IEP (seismic) rating 70% of NBS (B)

Located in the Otahuhu CBD with great exposure and flow of traffic. Only a minute from Atkinson Avenue and Great South Road. The property comes with well established tenants and businesses that complement each other. Located metres from Princes Street off ramp on the Southern Motorway.

Fully leased with settled tenants and favourable zoning, this is an opportunity not to be missed.

Enquire about this property

Otahuhu Area