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695M² FREEHOLD INVESTMENT PROPERTY

14 Avenue Road, Otahuhu

Retail Property
dollar

$1,299,000 Plus GST (if any)

Floor area
634m2
Land area
695m2
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Property details

Listing # 4101223 | Listed on 13 February

SOLE AGENCY

Located in central Otahuhu, 14 Avenue Road offers a 695m² Freehold property for sale. This location provides excellent visibility with a bus stop directly in front of the building, easy access to the SH1 and SH20, and is a few minutes from Sylvia Park Shopping Centre. The property is situated near established neighbours, including McDonald’s, Northmed Dental Otahuhu, BNZ bank, and various professional services.

The long-term Tongan church tenant has been there since 2016 and has outgrown the premises, creating an opportunity for an owner-occupier. The event centre is a well-known and successful hospitality operator. This is also a significant opportunity for investors, neighbouring owners, and developers to acquire a land parcel with substantial upside.

KEY FEATURES:

  • 695m² Freehold investment in central Otahuhu
  • Current combined net rental of approximately $73,940.82 + GST per annum
  • Seismic Grade A rating provides ease in getting finance
  • Business - Town Centre zone suitable for various activities, offering further development potential

Otahuhu is a high-growth suburb, neighbouring suburbs Papatoetoe, Mangere, Mt Wellington, and Penrose. It serves as an important part of Auckland's southern transport network with a major bus interchange, train station, plus access to main arterial routes and the SH1 and SH2 motorway on and off-ramps.

Motivated vendors are ready to meet the market. This is an opportunity not to be missed. Call the sole agent now to register your interest.

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