Split risk investment with development potential


43 Cook Street, Howick

Private Treaty

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Split risk investment with development potential | 43 Cook Street, Howick | 1904467 |      X Close
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Split risk investment with development potential


• 1st time on the market in over 68 years

• Seven separate tenancies returning $187,566pa + GST and outgoings

• Nine metre building overlay development potential

• Prominent corner site

43 Cook Street has been owned by the same family since 1955. The Title is Fee

Simple and encompasses seven separate tenancies, ample car parking and drive

around configuration.

The property is currently returning $187,755.00pa + GST and outgoings. All leases

have guaranteed rent reviews. This is a prominent corner site with development

potential located within a maximum 9 metre Height Variation Control under the

Auckland Unitary Plan.

Howick is a stable, established, and high-income residential suburb who support

their local businesses. Our vendors are motivated to sell and instruct Bayleys to do

so. Contact our sole agents to arrange a viewing or for more information:

Geoff Wyatt

021 982 322

geoff.wyatt@bayleys.co.nz

Tim Koning

027 286 0011

tim.koning@bayleys.co.nz