TWO AFFORDABLE RETAIL SHOPS ON ONE TITLE

216/218, Great South Road, Otahuhu, Auckland City

$859,000

Proposed Usage
Retail
Floor Area
153.00 m²
Description:
Property ID
1c3wv4v

This premises is well located in the Otahuhu main street. Excellent exposure to vehicle and foot traffic. The building was constructed circa 1950's. The building floor area is 153m² on a 210 m² Freehold site. Two shops on one title.

• 216 Great South Road (approx 76m²) - Hair Salon, returning $22,608 pa + GST & outgoings
• 218 Great South Road (approx 77m²) - well established long term tenant trading as King Barber shop , returning $22,608.70 + GST & outgoings

Key Features:
• Two shop frontages. Good exposure
• Floor area 153m² on 210m² of Freehold land
• Well established long term tenant is paying $45,217.39pa+GST+Opex for both shops
• Four car parks at rear
• Business - Town Center zone

This premise is provided by the zoning under the Proposed Unitary Plan - Business Town Centre, which may allow for development of up to 13 meter in height of a multi-level residential / retail opportunity.

Vendor will meet the market to sell!

Please call sole agency Jane Chen 0275 48 67 49 Or Zane Munif 0212575862 for more information today.

Enquire about this property

Otahuhu Area