Commercial Investment great location!
Commercial Investment great location!
- 6 separate tenants providing investment spread
- Returning $298367 gross p.a
- Variable Lease terms
- 642m site with 90% coverage
- Zoned business activity 2
- Corner site on Mt Eden Road and Poronui Street
- 9 car parks
The property is a two level stucco structure dating from the 1940s, situated on the corner of Mt Eden Road and Poronui Street, within the Mt Eden Village.
This property has been recently renovated and represents long term value with a combination of retail and professional office tenants.
There are 6 separate unit titles with three on the upper level, as office units, and the three retail units on the ground level. Mt Eden Road is a major thoroughfare within the Auckland City and carries moderate to high traffic volumes at peak times. The corner site allows for excellent frontage and signage to the retail areas.
Mortgagee Auction: 11am Wednesday 28th March 2012
(unless sold prior)
4 Viaduct Harbour Ave Auckland
www. Bayleys.co.nz/230998
Larry Sewell 021-937869
Larry.sewell@bayleys.co.nz
Bayleys Real Estate Ltd Licensed under the REA Act 2008