244sqm
floor area
312sqm
land area
Fee Simple | Freehold 312sqm Business - Mixed Use zoned land |
Income | Fully leased, returning $94,500 + GST p.a. |
Offering | Three bedroom dwelling plus office and car parking |
*NEW DEADLINE CLOSING THURSDAY 14 OCTOBER 2021*
• Fully leased, returning $94,500 + GST p.a.
• Freehold 312sqm Business - Mixed Use zoned land
• Three bedroom dwelling plus office and car parking
• Rare opportunity to secure a multi-use property with future development potential in Auckland's sought-after Freemans Bay
The property comprises two fully self-contained tenancies. The first, a refurbished office tenancy that occupies a high profile position on College Hill and currently returns $47,000 + GST p.a. with built-in rental growth. The second, a three-bedroom dwelling with a tranquil courtyard and storage space, leased to a commercial occupier, returning $47,500 + GST p.a. (net). Both tenancies enjoy city views.
The property is superbly located moments from the CBD and within walking distance of Ponsonby Road. Investors looking for a multi-use, split risk investment with future development upside must investigate.
Call today for further information.
Licensed under the REA Act 2008
Mobile: +64 21 740 032 |
Office: +64 9 375 6844 |
james.were@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 192 2233 |
Office: +64 9 375 8428 |
phil.haydock@bayleys.co.nz |
244sqm
floor area
312sqm
land area
Fee Simple | Freehold 312sqm Business - Mixed Use zoned land |
Income | Fully leased, returning $94,500 + GST p.a. |
Offering | Three bedroom dwelling plus office and car parking |
87 College Hill, Freemans Bay
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 740 032 |
Office: +64 9 375 6844 |
james.were@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 192 2233 |
Office: +64 9 375 8428 |
phil.haydock@bayleys.co.nz |
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