Substantial offering in Remuera's Upland Village

551-553 and 561, Remuera Road, Remuera, Auckland City

Tender

Proposed Usage
Retail
Floor Area
1335.00 m²
Description:
Property ID
1c5897d

• 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.

Enquire about this property

Remuera Area