452 Richmond Road, Grey Lynn, Auckland

Grey Lynn medical investment

• Immaculately presented freehold medical investment
• Fully leased, returning $120,000pa + GST with built-in rental growth
• 587sqm freehold landholding zoned Business - Local Centre
• Sought-after, high-profile position in the heart of West Lynn village
• A must-view for astute residential and commercial investors, or future developers

452 Richmond Road has served the local community as a GP clinic for over 30 years.

Today, the medical centre occupies an extensively renovated character villa with a contemporary extension on a beautifully landscaped 587sqm site.

The property returns $120,000pa + GST (net) and benefits from annual built-in rental growth on a well-structured long-term lease.

Occupying a prime position in the heart of West Lynn village, the property offers ease of access to public transport, motorways and is a short drive from Ponsonby and Auckland CBD.

This property represents a passive, high-quality investment opportunity to be admired. Do not miss this one.