Multi-Tenanted Retail Investment
1, Glendale Road, Glen Eden, Waitakere City
- Proposed Usage
- Floor Area
- 680.00 m²
- Land Area
- 1511.00 m²
- Auction Date
- 11:00 - Apr 11, 2018
- Property ID
- 1,511sqm freehold corner site with huge profile in growth location
- Current income of $251,224.09 (+ GST and outgoings) from two tenancies
- 680sqm retail/showroom built in 2004 with 33 on site car parks
- Favourable Business - Town Centre Zoning provides future options
This desirable investment property will appeal to a wide range of buyers including investors, potential occupiers in whole or part, and long term developers.
With strong lease covenants, the existing high profile and established tenants will ensure the property appeals to investors, with opportunities to occupy in whole or part providing appeal to owner occupiers. The Business - Town Centre Zoning, offering up to 27m height, provides for future development opportunites.
The property is positioned a busy corner site with over approximately 20,000+ cars passing daily and is surrounded by a mix of retail and commercial entities in this growing commercial and retail precinct.
For more information or arrange a viewing - call the sole agents now