Retail Investment with Upside

2-10, Waiapu Lane,Onehunga, Onehunga, Auckland City

Auction

Proposed Usage
Retail
Floor Area
263.00 m²
Land Area
324.00 m²
Description:
Property ID
1vjycnj



This fully tenanted block of shops is up for sale for the first time in decades.

The property presents as four retail shops returning $65,734.78 net p.a (+ GST + OEPX) on 324m² of mixed use zoned land, with a total lettable area of 263.80m² (more or less).

There is an additional $862 inc GST p.a received from signage on the southern side of the building. 

It is located next to the local Countdown supermarket and has a large scale public car park to the east.

This suburban retail block represents a unique opportunity to own in the heart of Onehunga with re-development a potential upside. Zoning under the proposed Unitary plan is to be 'Town Centre - Onehunga'

 

For Sale by AUCTION –11am, Wednesday 20th May 2015 at Level 27, SAP Tower, 151 Queen Street, Auckland (unless sold prior)

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Onehunga Area