• High profile in the heart of Otahuhu town centre
• Two-level commercial and accommodation mix building
• Vacant land at rear offers exceptional development opportunity
• Suitable for owner-occupiers, add-value investors and developers
Otahuhu town centre upgraded the streets and public spaces to provide better connections and infrastructure for walking and cycling. This will produce economic benefits and will create dramatic improvements to high-quality pedestrian environment and landscaping with better traffic movement. The work was a long time coming and would create a new future for the town as a revitalised 21st
century centre.
This building comprises a two-level commercial premise with two ground floor retail shops and a first-floor two-bedroom flat. The property provides a possible split-risk mix of three tenancies that have strong future growth for a new owner. With the current owner-occupiers going into retirement, take advantage of part vacant and buy to occupy, add value or use for a future development opportunity.
Tenancy Detials:
Partly leased, returning $30,000 + GST p.a (net). Full tenancy details are available on request.