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Remuera

89 Green Lane East, Remuera, Auckland

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842sqm Land area SQM
275sqm Floor area

Remuera multi-tenanted medical opportunity


• 842sqm (more or less) freehold corner site
• Split risk, multi-tenanted offering returning $124,616pa plus GST (net)
• Strategic position near to MercyAscot Greenlane Hospital and motorways
• Options to invest, occupy, occupy with income or develop!

89 Greenlane presents a generous-sized freehold, corner site with income. It occupies a high-profile corner position across the road from MercyAscot Greenlane Hospital, is moments from the Remuera Village and provides fantastic motorway access in both directions.

Configured as two medical suites, the property currently returns $124,616pa plus GST (net). Favourable Business - Mixed Use zoning allows development to a height of 18m (subject to the necessary consents).

Owner-occupiers can choose to utilise the entire property or part of it while enjoying rental income from the balance. Being multi tenanted, investors can take comfort in the split-risk income stream. Developers will appreciate the intensive zoning, corner position, and the tactical location of the property.

Given the rarity of such assets hitting the market, this is an opportunity not to be missed. Buyers interested in capitalising on this property's potential should act swiftly.

Tender
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

4
Jun

Time4pm
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James Were

James Were

Commercial, Development and Investment Sales

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

Ben Wallace

Commercial Sales and Leasing

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

Features

Land area breakdown


842sqm (more or less) freehold corner site

Occupancy


Split risk, multi-tenanted offering returning $124,616pa plus GST (net)

Location


Strategic position near to MercyAscot Greenlane Hospital and motorways

Opportunity


Options to invest, occupy, occupy with income or develop!