Unlock the potential of this SPLIT RISK INVESTMENT. Exceptional retail property located in the heart of Otahuhu. Spanning aFreehold land area of 1085 sqm and featuring a substantial building area of 391 sqm, this versatile space is ideal for a variety of retail ventures or investment opportunities.
Prime Location Situated at the bustling intersection of Atkinson Avenue and Princes Street, this property being a corner site, benefits from high visibility and foot traffic, making it perfect for attracting a diverse clientele. Urban Appeal: Surrounded by a vibrant cityscape and a mix of residential and commercial developments, this location is poised for growth and increased patronage.
The property boasts its own parking spaces and design elements, along with practical amenities for both customers and staff.
With the retail market in Otahuhu continuing to thrive, this property represents a unique opportunity for investors and business owners alike. Seize this opportunity to invest in a property that promises not just a place to conduct business, but a strategic asset for your future.**Don't Miss Out!
Comes with 3 retails outlets and one residential accomodation.
The owner has decided to sell the properties individually all 3 titles together making it fit in your budget. Take advantage of the holding income and land bank for future development. With rental return of over $163,000 pa, come and explore your options, do your Sums and make an offer. Call me for more information if interested.
Property details
23 Princes Street, Otahuhu
Stratum in Freehold, Unit A and AU 1-2 , DP95071, CT NA51A/847, Land Area 307 m2
26 Atkinson Avenue, Otahuhu
Stratum in Freehold, Unit B and AU 3-4, DP95071, CT NA51A/848, Land Area, 778 m2
Disclaimer: The floor and land area sizes provided have been sourced from Relab, Property Smart, or Auckland Council (LIM) documents. These measurements have not been independently verified by the Salesperson or South Realty Ltd. Additionally, for website functionality, the property may have been filtered into a specific price range. All prospective purchasers are advised to conduct their own due diligence, obtain independent legal and expert advice, and verify all details provided during the property's marketing campaign. This includes but is not limited to, floor and land sizes, boundary lines, underground services, and any relevant scheme plans or consents.
