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Ponsonby

283 Ponsonby Road, Ponsonby, Auckland

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747sqm Land area SQM

Three Lamps Plaza - Iconic Character Building


- 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!

Tender

4 Viaduct Harbour Ave, Auckland

10
Nov

Time4pm
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James Chan

James Chan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Matt Lee

Matt Lee


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Land Area


747sqm

Opportunity


Investment with Rental Growth Potential

Property


Multi-tenanted iconic building

Zoning


Business 2