46-48 Pollen Street is superbly positioned on the corner of Williamson Avenue, Rose Road and Pollen Street, 130 metres from Ponsonby Road.
The 627m² site is in two freehold titles and favourably zoned Business Town Centre allowing for commercial and residential development.
The improvements total 554m² including a large high stud retail space to Pollen Street and upper levels with several accesses. There is 13 lockable car parks on site, 5 of which are under cover accessed from Rose Road.
The property is subject to two occupancy arrangements unrelated to the owner. The total income is $205,774 net per annum with both CPI and market increases in place.
The vendor has other commitments and is motivated to sell. Contact now for further information.