27-29 Great South Road, Epsom, Auckland

Newmarket Freehold Investment

- Substantial 2,644sqm high profile freehold site in Newmarket
- A rare freehold opportunity in this strategic precinct
- Dual road frontages - excellent exposure to Great South Road and Ngaire Avenue
- Currently returning approximately $367,789pa from multiple tenancies
- Substantial existing buildings and on-site car parking
- Current zoning is Business 4
- Zoned Business Mixed Use under PAUP
- A Grade seismic assessment report completed recently which is available upon request
- Approximately 189sqm of combined floor area
- 50 car parks

This offers a rare opportunity for astute investors, developers and owner occupiers in this aspirational city fringe location. With a strong income stream from multiple existing tenancies and vacant space providing potential to add income or owner occupiers to occupy in part, this is an opportunity not to be missed.

This property is extremely well located in the sought after and aspirational Newmarket-Epsom precinct. Nearby businesses include Schofields, Auckland BMW, Coutts Cars, Spacio Casa, Continental Car Services, Diocesan School etc. Offering ease of access to the CBD, Newmarket, Greenlane and surrounding residential precincts, this property will have appeal to a wide and diverse range of purchasers.

Location, zoning and building/site configuration provide a number of opportunities for a range of purchasers.

All viewings strictly by appointment.

For sale by negotiation