150-156 Hillsborough Road, Hillsborough, Auckland

Bottom drawer asset with development upside

- Immaculately presented investment property on high profile corner site
- Underdeveloped 734sqm fee simple land in multiple titles
- Strategic location on main thoroughfare road
- Fully leased returning $70,000 + GST p,a (approx.)
- A trophy asset that will appeal to developers, investors and land bankers alike

A rare opportunity to acquire an asset of this quality in an affordable price bracket. The property is fully leased to multiple established tenants, anchored by a dental clinic on the ground floor.

Along with providing an attractive cashflow from multiple tenants, the property provides considerable future development potential, with 734sqm of underlying land and an intensive zoning, allowing for residential and commercial development in the future.

Situated on a high profile corner position on Hillsborough Road, the property is well located to service the established surrounding residential population, along with providing easy access to motorway links and a range of amenities. This bottom drawer investment is one that really does tick all the boxes, don't miss this opportunity.