Property listing ID: 4101223
SOLE AGENCY Located in central Otahuhu, 14 Avenue Road offers a 695m² Freehold property for sale. This location provides excellent visibility with a bus stop directly in front of the building, easy access to the SH1 and SH20, and is a few minutes from Sylvia Park Shopping Centre. The property is situated near established neighbours, including McDonald’s, Northmed Dental Otahuhu, BNZ bank, and various professional services. The long-term Tongan church tenant has been there since 2016 and has outgrown the premises, creating an opportunity for an owner-occupier. The event centre is a well-known and successful hospitality operator. This is also a significant opportunity for investors, neighbouring owners, and developers to acquire a land parcel with substantial upside. KEY FEATURES: • 695m² Freehold investment in central Otahuhu • Passing income of $70,196.83 + GST per annum • Previous church tenancy of 250m² space with vacant possession • Seismic Grade A rating provides ease in getting finance • Business - Town Centre zone suitable for various activities, offering further development potential Otahuhu is a high-growth suburb, neighbouring suburbs Papatoetoe, Mangere, Mt Wellington, and Penrose. It serves as an important part of Auckland's southern transport network with a major bus interchange, train station, plus access to main arterial routes and the SH1 and SH2 motorway on and off-ramps. Motivated vendors are ready to meet the market. This is an opportunity not to be missed. Call the sole agent now to register your interest.
Listed by Barfoot & Thompson , Jane Chen (South Auckland Commercial)