Ponsonby Investment – Smoking Hot

Unit 5/1, Jervois Road, Ponsonby, Auckland City

Expressions Of Interest

Proposed Usage
Retail
Floor Area
95.00 m²
Land Area
100.00 m²
Description:
Property ID
1c754hx

This is a rare opportunity to secure a fantastic retail investment in a smoking hot Ponsonby corner site.

Located on the corner of St Mary’s Road and Jervois Road, this unit has come on to the market for the first time in more than 20 years. Across the Road from Mary’s café and the former Ponsonby Post Office that now houses Augustus Restaurant, a location description cannot get much better.

The unit has not had any vacancy since 1992 which gives a solid indication of the insatiable demand in the area. American BBQ restaurant Morepork took over the tenancy in 2016 and is now well established and profiting from the excellent location.

Key Details
• 95sqm freehold unit with retail frontage to St Marys Road
• 2 exclusive secured carparks plus access to 23 shared customer car parks
• Returning $52,600 net p.a.
• A-Grade Seismic Rating - 89% NBS

A rare opportunity not to be missed. Call us now for further information.

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Ponsonby Area