Property listing ID: 87353
First time on the market in 35 years! Perfectly positioned in the heart of the Market Road Village, near the corner of Great South Road and Market Road and just minutes from Newmarket, Remuera, Greenlane, and Epsom. Close to all local amenities, Northern and Southern Motorways, Remuera train station, and major transport hubs. With dual street frontage to Great South Road and Patey Street, this well-maintained, two-level building provides multiple occupation options for retail, office, and possibly residential uses with ample on-site car parks. Currently returning $109,300 + GST net per annum. The fully renovated level 1 office space is vacant and ready for a tenant or owner-occupier. The property's income potential is expected to be in the vicinity of $157,000 + GST net per annum. Overall, an extremely desirable mixed use commercial property with genuine long-term potential in a vibrant and emerging location. KEY FEATURES: • 663m² Freehold site • 491m² building area • Versatile Business - Local Centre zone (height limit 18m) • Dual street frontage to Great South Road and Patey Street with off-street parking • Good income potential • Double Grammar zone • First time on the market in 35 years Please contact the listing agent for a full Information Memorandum and private viewing details.
Listed by Barfoot & Thompson , Andrew Clark (Blockhouse Bay)