Positioned on a prominent corner site at Great North Road and Westech Place in Kelston, this high-profile property offers dual access and excellent exposure. Zoned Business – Mixed Use, the 2,940m² (approx.) site allows for a wide range of commercial or residential development options.
The existing improvements include a building of approximately 851m², constructed circa 1990’s. The building features front showroom entry and rear roller door access for ease of operations.
Currently leased to Supercheap Auto, the property generates holding income of $265,124.28 + GST, with the lease expiring in July 2026. Please note, as per the lease, not all OPEX are recoverable. With a low site coverage of approximately 30%, the property presents significant potential for redevelopment or value-add refurbishment.
Purchasers are recommended to seek independent advice regarding the structure of the current building including the roof and wall cladding and other structural elements. The property is sold on an ‘as is, where is’ basis. Purchasers are recommended to undertake a thorough due diligence investigation.
For more information or to book a viewing, contact our West Auckland experts today!
Features:
- Total land area 2,940m² (approx)
- Dual street access
- High profile corner site
- Opportunity to develop/refurbish with holding income
- Returning $265,124.28 per annum + OPEX + GST (final expiry 23rd July 2026)
- Business - Mixed Use Zone
- Regular shaped fairly level site
- Great location close to amenities and arterial routes
- Low site coverage
More information: https://www.colliers.co.nz/p-NZL67035761
