TWO RETAIL SHOPS WITH SECTION FOR DEVELOPING ...

Howick, Manukau City

By Negotiation

Proposed Usage
Retail
Floor Area
170.00 m²
Description:
Property ID
1c3hhbk

TWO RETAIL SHOPS WITH SECTION FOR DEVELOPING OR LAND-BANK

This premises is well located in the corner of Botany Road and Ridge Road, opposite Howick Intermediate School, with excellent exposure to vehicle and foot traffic. The building floor area is approx. 170m² on 761m² Freehold site. Two shops on one title with a big section at the rear which potentially offers further developing. In business Neighbourhood Centre Zone.

• 4A Botany Road (approx. 100m²) - new 4 years lease term, returning $33,800 pa + GST & outgoings
• 4B Botany Road (Approx 70m²) - new 4 years lease term, returning $23,400 pa + GST & outgoings
• Advertising signboard return $2,000pa + GST is the added bonus

KEY FEATURES:
• Two shop frontages - good exposure
• Floor area approx. 170m² on 761m² of Freehold land
• Total holding income $59,200 pa + Opex + GST
• Big rear section potentially offers further development or land-bank
• Business Neighbourhood Centre Zone

The property is situated on main arterial routes, surrounded by well-established residential suburbs - Howick, Highland Park, Mellons Bay, Cockle Bay and Botany Downs.

Vendor will meet the market to sell! Please call sole agents Jane Chen 0275 48 67 49 or Carol Chang 021 299 9181 for more information or viewing.

Enquire about this property

Howick Area