357 New North Road, Kingsland, Auckland

Kingsland high profile standalone investment

• Extensively refurbished, well-presented 368sqm standalone building
• Leased to an entrenched national tenant returning $78,959 + GST p.a. (net)
• 422sqm site, zoned Business - Mixed Use (21m height overlay)
• Strategic location poised for significant commercial and residential growth

Properties of this calibre are few and far between. Following long-term ownership, this building has been extensively refurbished and is now ready to be presented to the market for sale. Returning $78,959 + GST p.a. (net), the property is leased to a well-established national tenant.

Occupying a high-profile position in the tightly held and highly sought after city fringe suburb of Kingsland, the property is within easy walking distance from Kingsland Village and the broad range of hospitality venues it has to offer. Also, in close proximity to Kingsland Train Station, the area is set to benefit further from the completion of the City Rail Link.

Investors with an eye for the future can capitalise on the properties fee simple title, Business - Mixed Use zoning and 21 metre height overlay. A prominent trophy investment to be proud of, be sure not to miss this one.