Commercial
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Vendor says sell!

3021- 3025 Great North Road, New Lynn

Commercial Land
dollar

Negotiation

Floor area
220m2
Land area
1940m2
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Map

Property details

Listing # LAN2729 | Listed on 27 June 2024
  • Prime Location: Approximately 1,940 sqm site held in three freehold titles with excellent road frontage.
  • Strong Returns: Currently returning $142,000.00 + GST (net) per annum.
  • Growing Precinct: Situated in one of the fastest-growing areas, moments from LynnMall.
  • Future Potential: Attainable investment with significant future upside.
  • Zoning - General Business Zone

Property Details:

  • Total Area: Approximately 1,940 sqm
  • Current Tenants: Fully leased to two tenants returning $100,000 + GST per annum and $42,000.00 + GST per annum.

Highlights: Located close to LynnMall shopping centre, public transport hubs, and local amenities, this property benefits from a generous road frontage and flexible General Business zoning. New Lynn is one of Auckland's fastest-growing retail, commercial, and residential precincts, making this property a unique opportunity for a wide range of purchasers, including investors, land bankers, future developers, and owner-occupiers. This rare land holding in a tightly held location offers immense potential for future development and significant returns.

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