Property listing ID: 4100571
This property is superbly located in the popular Mt Albert town centre, directly opposite the train station. The two-story building comprises two retail shops and a four-bedroom living upstairs, representing a sought-after live/work tenanted investment opportunity. Both shops are currently under long-term leases with fixed rental growth. The property generates an approximate annual rental of $104,712. Mt Albert town centre has benefitted from upgrades to improve its appearance and accessibility for pedestrians and cyclists, including enhanced lighting throughout the area. The centre manages a high volume of commuters and road traffic, while the local train station continues to provide a fast and convenient travel option for the Mt Albert community. This area is home to a diverse range of businesses and a vibrant community. With established residential neighbourhoods, it continues to benefit from strong growth. KEY FEATURES: • 306m² Freehold land • Two shops and upstairs living • Split risk tenanted investment • Fixed rental increases • Excellent location • Busy day and night, seven days a week • Opposite Mt Albert train station • Business - Town Centre zoning For further details and viewing arrangements, please contact the sole agent.
Listed by Barfoot & Thompson , Agnes Teh (City Commercial)