Fully Tenanted Investment in Birkenhead Town Centr

57-63, Birkenhead Avenue, Birkenhead, North Shore City

By Negotiation

Proposed Usage
Floor Area
490.00 m²
Land Area
774.00 m²
Property ID

Fully Tenanted Investment in Birkenhead Town Centr

•Freehold standalone title on 774sqm site
•New 5 years lease to UNITEC and New Yoga Centre
•Current passing net income of approximately $104,200 pa. + GST from multiple tenants
•Strategic located just off major intersection and directly opposite Highbury mall entrance
•Add value opportunity to develop vacant land at rear

The property comprises single level retail shops on the main street with a two level basement floor facing the rear council reserve land.
The subject property is located at the eastern side of Birkenhead Avenue and enjoys great exposure to high volume daily traffic in all kinds; surrounding are low rise buildings accommodating a wide range of convenience retailers, cafes and local eateries.
A recent council developed viewing platform offers a panoramic overlook to the Le Roy's Bush Reserve & Auckland Skyline is only a couple doors away.

The site is zoned Town Centre under the proposed Auckland Unitary Plan which applies wide range of activities including commercial, residential tourist etc. Under this plan the site would be subject to an increased height limit of 20.5 meters.
A rare add value opportunity for an astute investor or owner occupier to unlock its full potential!

Please do not hesitate to contact one of our project team member for full information pack / updated tenancy schedule .

Enquire about this property

Birkenhead Area