33 Queens Road, Panmure

price information

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295m² Floor Area

121m² Land Area

EXCELLENT INVESTMENT IN GROWTH LOCATION

For sale by deadline private treaty closing 2:00pm Wednesday 5th April 2023 at the RSM House, Ground Floor, 62 Highbrook Drive, East Tamaki (unless sold prior).

Standalone three level 1960's building
Returning $50,000 net p.a. to an established tenant
Strategic Town Centre zoned 121m² Freehold lot
Motivated Vendor committed to sell

This versatile 1960's character building is well located on the main street of Panmure with excellent exposure to vehicle and foot traffic. Overall, this prominent three-level 295m² (approximately) building sits on 121m² Freehold land and has been known as Salon 33 for over 20 years. The established tenant is paying $50,000 net per annum on a long-term lease with good future rental upside.

The flexible Town Centre zone allows residential and/or commercial use with significant development upside up to 18 metres high (subject to resource consent). Additionally, this significant growth location is close to all local amenities and major transport hubs.

Our retired vendors will meet the market and are ready to sell. For more information or to arrange a viewing, contact the Sole Agents today!

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