A NEW YEAR - A NEW ATTITUDE - ASKING $1,950,000
Royal Oak, Auckland City
- Proposed Usage
- Property ID
Solid term investment with a great upside and an owner that is moving on!
A Prime Investment property with two tenants. One a solicitor and the other a publicly listed Australian business, Invocare, on a new 4 year lease term.
Under the Council Unitary Plan the allowable development height limits has been increased to 27 metres. This potentially allowing for eight floor levels.
This is an extremely high profile property with very good northern and eastern aspect. It sits right on the Royal Oak round-about and has the real advantage of vehicle access off Symonds Street, which cannot access directly onto the roundabout.
• 569m² land, Business Town Centre zone, 27 metre height control
• Two tenants
• $87,866 pa + GST net rental
• Building lettable area approx 310m²
• Nine car parks
• Contact the agents for a full Information memorandum