• Current net income of $206,715.27 + GST
• Freehold site of 989sqm (more or less) opposite the villages only Supermarket
• Upcoming lease expires will appeal to a range of purchaser types

989sqm (more or less) of land, 15-17 Clarence Street presents one of the largest commercial titles in Devonport and is currently occupied by a split-level retail/office building (approximately 810sqm). The existing improvements provide excellent income anchored by long standing Hammer Hardware and supplementary income from first floor tenancies.

The current lease profile provides options for a range of purchaser profiles with investment, occupation or development aspirations and benefits from its position opposite a New World Supermarket.

This property forms part of a once in a generation six property portfolio in Devonport, available for sale individually, together or in any combination please contact the Sole Agents for further information.

https://www.bayleys.co.nz/listings/commercial/auckland/north-shore/-devonport-portfolio-devonport-16910161

Michael Nees
+64 21 182 3085
michael.nees@bayleys.co.nz

Damien Bullick
+64 22 420 6845
damien.bullick@bayleys.co.nz

Alan Haydock
+64 21 532 121
alan.haydock@bayleys.co.nz