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Ellerslie

415 Great South Road, Ellerslie, Auckland

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707sqm Land area SQM
960sqm Floor area

High Profile Standalone Investment with Upside


- Extensively refurbished, freehold standalone with 22 good onsite car parking
- Occupying a strategic corner position with development potential
- Currently returning $242,335 + GST p.a. (net) with rental upside
- Investors, owner-occupiers and developers must investigate

Positioned on a 707sqm freehold, corner site with circa 58 metres of street frontage, this opportunity encompasses a refurbished, well presented two-storey standalone building of 960sqm. The property features secure basement car parking and two levels of office with dual street access. Currently returning $242,335 + GST p.a. (net) with the ability to generate further income.

Occupying a prominent position on Great South Road in Ellerslie this is a popular location for many international and national businesses. It is moments from the Ellerslie village, train station and provides excellent access to the motorways and CBD. The favourable mixed use zoning allows for residential and commercial development up to 18 metres.

Options exist for investors, owner-occupiers and developers. Call today for further information.

Asking Price NZ$5,100,000 + GST (if any)
James Were

James Were


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

Sophie Dixon


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

Phil Haydock


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

Features

Development options


Occupying a strategic corner position with development potential

Income


Currently returning $242,335 + GST p.a. (net) with rental upside

Standalone building


Extensively refurbished, freehold standalone with 22 onsite car parks