Trophy mixed use investment

120, Felton Mathew Avenue, Saint Johns, Auckland City

Auction

Proposed Usage
Industrial
Description:
Property ID
1c51w5d

•Fully leased freehold standalone investment returning $270,000 pa net + GST
•Prime 4,700sqm fee simple land holding zoned Business Mixed Use
•Must view property for strategic investors, developers and land bankers
•Strategic position in vibrant St Johns which is undergoing huge growth
•Established international tenant on considerable lease term

A very rare opportunity to secure a strategic investment property in desirable St Johns location.
The property is fully leased to an established international tenant returning $270,000 pa net + GST

In addition to providing a considerable cash flow, the property offers huge development appeal due to the underlying 4,700sqm fee simple land holding which is zoned Mixed Use.
This prime position enjoys a high level of exposure and is close to the Train Station, Glen Innes retail shops, Mt Wellington and Remuera.

Strategic opportunities in this location are scarce. Dont miss this one.

Enquire about this property

Saint Johns Area