• Fee Simple, high profile 1,109sqm (more or less) corner site with wide frontage
• Holding income of $85,000pa plus GST and outgoings
• In close proximity to Lynn Mall, Train Station and other amenities
• Low site coverage of 35 percent
• Seismic (IEP) rating >100% of New Building Standard (Grade A+)
• General Business zoning providing for a wide and diverse range of uses
On offer to the market is a regular shaped 1,109sqm (more or less) corner site with approximately 30 metres of frontage to both Great North and Portage Roads. Strategically located in the commercial precinct of New Lynn, the property enjoys ease of access to both the Northern and Western motorway systems as well as the Waterview connection. The property is located approximately 12km from Auckland's Port and CBD.
The property has been utilised as an automotive retail yard since 2016, with the lease expiring in September 2022 and the tenant confirming their plans to vacate, the property is well suited to add-value investors, developers and/or owner occupiers looking to position themselves within busy New Lynn.
For further information, contact the Sole Agents
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz
Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz
Beterly Pan
021 139 2228
beterly.pan@bayleys.co.nz