492 and 498-500 New North Road, Kingsland, Auckland

Vendor will meet the market

• Fully leased and returning $487,500pa net (approximately) from seven income streams
• Rent growth, capital growth, and future development potential - zoned Business Local Centre
• Prime investment in a tightly held and vibrant Kingsland Village, moments from Kingsland Train Station
• Huge road frontage plus massive exposure to Eden Park Stadium at rear
• Underpinned by large and under-utilised 1,558sqm (more or less) landholding, in three separate adjoining titles
• Modern and versatile buildings with Grade-A seismic rating (100%)

Vendor is very keen to sell. Bought for $9.4mil + GST (if any) in December 2021. Will sell for less!

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Lalit Arya
021 033 2309
lalit.arya@bayleys.co.nz

Cameron Melhuish
021 479 882
cameron.melhuish@bayleys.co.nz