PRIME CORNER SITE INVESTMENT
Otahuhu, Auckland City
- Proposed Usage
- Floor Area
- 423.00 m²
- Property ID
For Sale by Deadline Private Sale closing 25 October 2019 (unless sold prior).
This high-profile corner site presents a great opportunity to secure a sought-after tenanted investment located on one of Otahuhu’s main arterial links. The site benefits from mixed use zoning allowing for future development opportunities, close proximity to motorway interchanges via Sylvia Park and Princes Street.
Built in the 1990’s, this property comprises of small retail at the front, tidy first floor office space and amenities, minimal warehouse space with roller door access, a functional food grade fit out with chiller and freezer space.
LIM, Property File, Information Memorandum and internal photos on request.
- High profile corner site
- Holding income of $80,000 pa + GST with fixed rent increases
- Freehold 1,032m² of land with 423m² of floor area
- Mixed-use zoning
- Food grade fit out
- Future development opportunity
- Accessible to Princes Street & Sylvia Park Motorway interchange
Otahuhu consists of wide range of industrial users. Otahuhu is a suburb on the rise and has been for a number of years. It has good access to State Highway 20 through James Fletcher Drive, while State Highway 1 can be accessed north or south along Great South Road. Otahuhu is located within 14kms of both the Auckland CBD, Ports of Auckland and Auckland International Airport.
Please contact Andre McNamara or George Fitzsimons to discuss the above property or give us a call and we can talk in more depth about other opportunities within the Auckland Area.
021 0235 4280
021 141 6474
Or refer to www.commercialrealty.co.nz for a comprehensive range of listings as we don't advertise all our listings on external websites