This high profile freehold standalone property will suit a wide range of potential buyers.
Firstly, the building sits on a 766sqm Business - Mixed Use site in close proximity to the Mt Eden train station providing strong development potential. The property further benefits from a height variation control under the Auckland Unitary plan, permitting development up to 21 metres.
The longstanding occupier on the ground floor will be vacating, providing immediate opportunities for add-value investors and/or owner occupiers. The level 1 tenancy provides $129,565 of net income per annum for the new owner to enjoy from day one.
One of the greatest features of this property is the abundant onsite car parking, 20 spaces in all, a rarity so close to the CBD. Combined with the excellent city fringe location, Grammar School zoning and A+ grade seismic rating, this opportunity is sure to be popular, for buyers and their banks.