41 College Hill, Freemans Bay, Auckland

Invest Now and Consider the Future Upside

- Very high profile freehold standalone in a prime location on College Hill, Freemans Bay
- Fully leased to established tenant returning $160,000 + GST p.a. (net)
- Under-developed Mixed use site of 741sqm (more or less)
- Enjoy the cash flow while you explore the upside

This exciting Freemans Bay opportunity is presented to the market following long-term ownership. Properties of this calibre in this location are tightly held - be sure not to miss this one. Just up College Hill is the vibrant and popular cafe and restaurant precinct of Ponsonby and Jervois Roads. Also nearby is the Victoria Precinct which also houses a range of notable restaurants and bars plus speciality retailing with a number of international brands. The Auckland CBD is just a short walk (1.5km to Queen Street) with all motorways closeby.

41 College Hill presents an array of future upside opportunities. The building's versatility means it could be utilised for a range of higher value uses. The generous landholding is under-developed providing options for additional floor area or total site re-development.