371 Dominion Road, Mt Eden, Auckland

High-profile multi-tenanted investment

• Currently returning circa $183,841 + GST from multiple tenancies with built-in rental growth
• High-profile corner location on Dominion Road with Business - Local Centre Zoning
• Large 974sqm (MOL) freehold site provides multiple future options including add income
• Strategically located opposite the consented New World development


With a Postshop / Kiwibank local franchise as the anchor tenant, this desirable multi-tenanted investment opportunity is located on the corner of Dominion Road and King Edward Street in the highly sought-after established city fringe precinct of Mt Eden and enjoys a strategic location directly opposite the consented New World development and close to multiple public amenities and transport options.

The existing multi-story building provides a favourable IEP (seismic) rating and is occupied by three established tenancies with a large car park to the rear which provides opportunities to add income or future redevelopment possibilities.

Tenanted investment properties such as this with a large underlying land holding and solid income stream rarely come on the market in this tightly held location, ensuring the appeal to a wide range of buyers including investors, land bankers, future occupiers, and developers.

Contact the sole appointed agents now to receive further information, with all viewings strictly by appointment.

Mike Adams 021 977 527
mike.adams@bayleys.co.nz

Quin Ngo 021 888 378
quinn.ngo@bayleys.co.nz

Karen Yung 022 187 3878
karen.yung@bayleys.co.nz