- Trophy freehold standalone Ponsonby investment, the iconic "Three Lamps Plaza"
- Superb dual access building with quality city views
- Returning a rental of $273,505 + GST from multiple tenancies
- Excellent investment with add value potential and rental growth opportunity
- 67% NBS IEP rating (B Grade)
283 Ponsonby Road is true landmark building situated right in the heart of the tightly-held Ponsonby retail strip. This trophy freehold standalone investment, named the iconic 'Three Lamps Plaza' and historically known as the 'Brittania Theatre', is situated on a prime high-exposure position with street frontage along Ponsonby Road, and rear access via the Council car park along Margaret Street. The property has a total land area of 747sqm, situated on two separate titles, and features an approximate total floor area of 1,240sqm.
Representing either a passive investment or potential add value opportunity, this exceptional offering comprises multiple levels with a range of tenancies, including Unichem Pharmacy, Step Inn Shoes, and the award-winning Sidart restaurant.
The property has been family-owned for over 35 years; this is a superb chance to purchase an iconic unique building with great potential!