Substantial offering in Remuera's Upland Village
551-553 and 561, Remuera Road, Remuera, Auckland City
- Proposed Usage
- Floor Area
- 1335.00 m²
- Property ID
• Two trophy Remuera freehold standalones. Purchase together or separately
• Combined land holding of 1,335sqm provides substantial development potential
• Total current return of $202,200 + GST pa is well under market
• Opportunities for owner occupiers, add value investors and developers. Call us now
551-553 Remuera Road is a prime investment which has been occupied by the School
Uniform Centre for almost 20 years. It currently returns $57,200 + GST pa with a
recent rental valuation supporting significant rental growth.
561 Remuera Road has been home to Harvey Furnishing since the 1980s. A short lease
provides owner occupiers the chance to secure this high profile corner position.
Developers must investigate the potential commercial and residential development
options this sizeable land holding offers.
Trophy opportunities of this calibre are scarce. Be sure not to miss this.