City Fringe - Freehold Leased Investment


6a Owairaka Avenue, Mt Albert

By Negotiation

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City Fringe - Freehold Leased Investment | 6a Owairaka Avenue, Mt Albert | 1691494 |      X Close
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Description

City Fringe - Freehold Leased Investment


* Freehold fully leased investment

* Returns $95,025 + GST pa net

* Land holding of 452 sqm (more or less)

* Prime corner position on busy intersection in Mt Albert

* Well located a short drive from CBD and close to public transport and amenities

Offered to the market is a freehold well presented and leased investment in an easy accessible city fringe Mt Albert location.

The current Tenant operates the subject property as a Mobil Service Station. Fully leased, the property enjoys a rental income of $95,025 + GST pa. The next rent review is due June 2021.

This very well located service station is positioned in an easy access corner location near the intersection of Mt Albert Road and Owairaka Avenue.

With favorable Business Neighbourhood Zone the property offers a wide range of uses and future development opportunity. (11m height + Roof 2m)

This is an exceptional and unique opportunity to buy a straight forward investment underpinned by an established tenant, and offers future development potential.

Enjoy the rental income now and develop in the future.

Contact the listing Agent now for a full information pack.

6a Owairaka Avenue, Mt Albert

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