• Substantial freehold land holding of 2,704sqm (more or less)
• Zoned Business Neighbourhood Centre offering future development opportunities
• Split risk investment with diverse income streams
• Returning a combined income of $203,999.11pa (approx.) net
• Seismic rating of 75% of New Building Standard (Grade B)
Opportunities such as this seldom come available to the market. Strategically positioned on one of the most sought-after streets in Farm Cove, this 2,703sqm (more or less) freehold site consists of a full service retail block encompassing eleven tenancies and one vacancy servicing the surrounding residential catchment.
Take advantage of the property's favourable Business Neighbourhood Centre zoning which supports both commercial and residential activities, 190 Fisher Parade represents an excellent medium to long term development opportunity and the generous on-site parking further enhances the offering.
A rare opportunity to acquire a well-performing investment with long term development potential; one which will surely represent a future trophy property for years to come.
For further information, contact the SOLE agents today
Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz
Janak Darji
021 047 1290
janak.darji@bayleys.co.nz
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz