High profile freehold standalone investment

3026, Great North Road, New Lynn, Waitakere City

Auction

Proposed Usage
Industrial
Description:
Property ID
1c1lrm2

* Prime Great North Road frontage
* Holding income of $48,000 + GST pa net
* Well located in a highly sought after position
* Dual street access from Great North Road and Veronica Street
* Great potential - add value opportunity or own and occupy later

The property is fully leased returning $48,000 + GST pa net. Full lease details available upon request.

A great opportunity to purchase freehold land on a main arterial route with an attractive income of circa $48,000 + GST pa net.
The property comprises a large land holding of 956sqm which offers dual street access from Great North Road and Veronica Street.

Located in the established and busy New Lynn township next to Lynn Mall Shopping Centre, public transport and close to the North Western Motorway.

All options here: land bank and enjoy the income and develop later.
Opportunity to move your business here and occupy at the end of the lease term.

Add value investors and future owner occupiers must inspect this affordable investment!

Auction (unless sold prior), 11am, Wednesday 16th May 2018
Bayleys House, 30 Gaunt Street, Auckland


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New Lynn Area