BLOCK OF SHOPS - MT EDEN
357-361, Dominion Road, Mount Eden, Auckland City
- Proposed Usage
- Floor Area
- 217.00 m²
- Property ID
Here is an opportunity to purchase a prime investment 450 metres south of the Valley Road intersection on Dominion Road, in the desirable and tightly held suburb of Mount Eden.
The 367m² freehold parcel has a broad frontage to the ever bustling passing trade in a location popular for cafes, a wide range of restaurants and convenience retail.
Zoned Business Local Centre, the development potential is up to 13 metres for commercial and residential uses.
The concrete and brick improvements are divided into three separate tenancies totaling 217m², each in a tidy condition with rear courtyard and bathroom amenities.
The three tenancies provide an annual rental of $88,000 in a location with very little retail vacancy.
This property is a very safe investment, with the zoning and proposed light rail providing exciting growth prospects for the future - contact now for details.