• 1,406sqm freehold corner site - strategically located in Otahuhu precinct
• Favorable Business - Mixed Use zoning (21m) providing multiple options
• Five residential tenancies with a gross income of circa $128,180
• A rare offering that will appeal to a range of buyers in this location
Bayleys are proud to be appointed as the sales agents to market this exceptional multi-faceted
Otahuhu property for sale by way of Deadline Private Treaty.
Located on the corner of Station and Moa Roads in close proximity to the Otahuhu township and other community/transport amenities and commercial precincts the property offers a fantastic opportunity to a wide range of purchasers including investors, developers, owner occupiers, land bankers and special interest groups.
The 1406sqm site currently has five separate residential dwellings, providing a combined gross income of circa $128,180 per annum from the separate tenancies and full details will be available to purchasers upon request. The five existing dwellings provide for two x 2 bedroom units, two x 3 bedroom units and one x 3 bedroom house all presented and maintained to a high standard and are professionally managed.
The property provides for a number of favourable features including the Business- mixed-use zoning, large land area, existing income stream, established location, proximity to a range of transport systems, and various amenities. Rarely do such unique properties come to the open market in such an established and sought-after location and this is a strategic opportunity not to be missed.
Call the sole agents now for full details and all viewings will be strictly by appointment.
Mike Adams 021 977 527
Jean - Paul Smit 0210 216 1616