Offered to the market for the first time in over 25 years, this strategic investment is fully leased to an attractive and diverse mix of medical occupiers, as well as an Epsom favourite, Espresso Café.
This 1,352m² freehold landholding is zoned Business ~ Mixed Use returning approx. $606,543 plus GST. The 1,710m² NLA is complemented by 51 on-site car parks, a healthy ratio of circa 1:34m².
Opportunities of this calibre in Epsom are seldom available. A corner profile, favourable zoning and resilient tenant mix yield up an incredibly unique investment opportunity with a multitude of future angles.
For further information or to arrange an inspection, contact the Sole Agents today.
Key Highlights
- Prominent corner-site position with exceptional profile and exposure
- Fully leased investment returning $606,543 net p.a.
- Substantial 1,352sqm freehold landholding
- Business – Mixed Use zoning providing future flexibility and upside
- Diverse split-risk income stream from a range of established tenants
- 1,710sqm net lettable area with 51 on-site car parks
- Excellent connectivity to State Highway 1 via St Marks Road and Gillies Avenue
- Surrounded by Auckland's premier suburbs including Newmarket, Remuera and Epsom
More information: https://www.colliers.co.nz/p-NZL67040987
