573 Sandringham Road, Sandringham

Sold April 2024

price information
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175m² Floor Area
209m² Land Area

OCCUPY OR INVEST


Located in the heart of the Sandringham shops, this 209m² Freehold property offers both investors and occupiers an opportunity to take advantage of the strong surrounding residential catchment. 

The high-profile property is subject to two short-term tenancies with $64,882.47 net income per annum. The ATM tenancy is on a month-to-month tenancy, and the cafe lease expires on 3 December 2024. 

These short-term obligations are an opportunity for an investor to reposition the property, or an occupier could take advantage of the landlord's existing chattels to build their own hospitality business.

The vendor is motivated to divest, contact now for details and viewing times.

For sale by deadline private treaty closing 3:00pm, Tuesday 9 April 2024 (unless sold prior) at Level 3, 50 Kitchener Street, Auckland Central.

Property details

Location:
573 Sandringham Road, Sandringham
Land area:
209m²
Accommodation:
Yes
Partitioned:
Yes
Other features:
Floor coverings
Property ID:
4024502

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