• Prime corner investment with future re-development -18m height limit

• Split-risk opportunity across two fee simple titles

• Multiple tenancies with strong tenant covenant

• A must for all investors and developers to explore this opportunity

Situated on a prime corner site on two fee simple titles provides an excellent offering to all investors and developers to buy one or both properties.

54 Clyde Road returning $167,581pa + GST and outgoings

58 Clyde Road returning $134,500pa + GST and outgoings

The property represents a premium investment opportunity as a foothold in one of the North Shores' most desirable coastal suburbs, Browns Bay.

The current income generated by the property which provides a substantial return for the next landlord is de-risked across several tenancies with an underlying land value providing a development opportunity to be pursued onsite in the future. This is the best of both worlds investment being a commercial return/yield with capital growth correlated directly to residential house prices given the zonings allowance for apartment redevelopment. Call today for further information.