166 - 168 Richmond Road, Grey Lynn

Sold June 2022

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469m² Floor Area
430m² Land Area

HIGHLY SOUGHT AFTER RICHMOND ROAD ASSET


SOLD OFF-MARKET

  • Returning $199,753 net p.a. from long-term established tenants
  • 470m² (approx.) stand-alone building on 430m² of freehold land
  • Business Town Centre Zone with a 13-metre height restriction

Standalone freehold investments of this calibre along Richmond Road are highly sought after and rarely brought to the marketplace. Prestigious trophy property generating a secure and diversified income stream of $199,753 net + GST from long-term tenants with strong covenants.

This solid concrete building has a 100% NBS 'A' Grade earthquake report and features seven on-site car parks with 470m² (approx.) of retail and office accommodation over two levels.

Get in touch with us any time to discuss your commercial property requirements.

Property details

Location:
166 - 168 Richmond Road, Grey Lynn
Land area:
430m²
Property ID:
88371

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