Located in the heart of Kingsland’s vibrant retail and hospitality precinct, this well maintained three level, mixed use property will appeal to both occupiers and investors. With a commercial vacancy ready to be occupied and the upstairs residential tenancy currently on a month-to-month lease, the property offers flexibility, immediate income, and scope to add value.

The building presents a range of opportunities - from an investor seeking income growth, to an owner-occupier wanting to establish themselves in a high-profile Kingsland location with the added benefit of a live/work option.

Property details:

• 334m² freehold site with 13m frontage to New North Road
• Approx. 476m² of retail/commercial space across multiple levels with deck and courtyard
• Approx 261m² of vacancy to occupy or re-tenant
• Spacious 4-bedroom apartment with sunny living areas and rear deck
• Passing annual rental income of approx. $80,500 per annum with upside potential
• Zoned Business – Local Centre (13m height limit)
• Character concrete and brick construction with Timber flooring
• Prime Kingsland position surrounded by cafés, bars, shops, and services and only two minutes to Kingsland train station and public transport services

Virtual Tour: https://realsee.ai/Ae44Xdqg

For Sale by Deadline Private Treaty
Closing 4pm, Thursday 9 October

More information: https://www.colliers.co.nz/p-NZL67036045