Property listing ID: 86086
Offered for sale for the first time after 22 years of ownership, is an affordable entry-level investment opportunity not to be missed. This suburban retail shop, centrally located in Mt Albert town centre, sits on a road front site which benefits from high pedestrian flow and proximity to Mt Albert train station. The subject property comprises a ground floor retail space situated within a two storey block of seven shops, with residential apartments above and a separate single level, mixed use duplex at the rear. The Tenant laundromat is on a monthly lease with a net passing annual rent of $27,720 plus GST. Owner-occupiers opportunity. KEY FEATURES: • Ground retail shop of approximately 70m² has a frontage of 4.85 metres • Two designated car parks • A Stratum in Freehold title • Superbly located within Mt Albert town village • Busy day and night
Listed by Barfoot & Thompson , Agnes Teh (City Commercial)