Property listing ID: 70559
Barfoot & Thompson Commercial are delighted to be offering this Titirangi Village landmark property for sale for the first time since the original construction in 1965. Titirangi Village is absolutely unique in the greater Auckland City serving the surrounding suburbs but is also something of a destination location for daytripping Aucklanders. It provides an essential community and retail hub and is confident in the knowledge that further commercial development opportunities in the surrounding suburbs are practically non-existent. Split risk income, long term occupiers, the only supermarket in the vicinity, an ideal price point, this is an absolute gem of a property. KEY FEATURES • First time for sale since construction in 1965 • Seismic report of 70% plus • 3 tenants, being Titirangi Supervalue, a Hairdresser and a Dentist • Annual income of $177,152 net + GST • Land area in excess of 2,800m² with split zoning under Operative and PAUP • Absolute cracker of a long term investment hold
Listed by Barfoot & Thompson , Murray Tomlinson (City Commercial)