Property listing ID: 85804
• Retuning $31,300 net per annum, well-established long-term tenants • Diversified cash flow from storage units, billboard and office • Fantastic location in close proximity to the CBD • Strategic play for both passive and add-value investors Minutes from Ponsonby Road, Kingsland and Mount Eden village, the Devon's Freehold complex is positioned right in the city fringe hot zone, as well as offering the convenience of close motorway access and the city only moments away. This Freehold investment offers an excellent opportunity for an astute investor looking for a diversified income stream backed by long-term, established tenants. Good upside to increase income from 15 on-site storage units as well as exploring the ability to digitise the large six by three metre billboard. This investment even includes a secure management office backed back by a longstanding tenant. Overall, this is a one of a kind investment with multiple income streams worthy of your attention - enquire now for more information!
Listed by Barfoot & Thompson , Reese Barragar (City Commercial)