Otara | Barfoot & Thompson
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Otara

For sale by negotiation

SUPERB CORNER SITE POSITIONING


For Sale by Deadline Private Treaty, closing 2:00pm, Wednesday 17 June 2020 (unless sold prior) Level 3, 50 Kitchener Street, Auckland.

A superbly located two level corner property, with high profile in the heart of the Otara retail precinct, is being offered to the market.

• Fully leased two retail shops and upper level office
• 383m² of building
• 220m² of Freehold land
• Town Centre zoning
• Three separate tenancies
• 70% IEP structural rating

The property sits on 220m² of Town Centre zoned land. Built in the mid 1960's with an IEP rating of 70%, the property comprising of 383m² of gross floor area being a mixture of office space on the upper level and ground level retail space. There are three separate tenancies with a holding income of $92,000 per annum.

The property benefits from nearby public car parking as well as close proximity to major arterial routes with, SH1 being some 600 metres from the property.

Call now to request an information pack or to discuss the property in more detail:

James Marshall - 021 400 339 | [email protected]
Agnes Teh - 021 308 900 | [email protected]

KEY FEATURES:
• 383m² of building
• 220m² of Freehold land
• Town Centre zoning
• Three separate tenancies
• 70% IEP structural rating

Property details

Location:
Otara
Land area:
220 m²
Property ID:
83481

Call James & Agnes

James Marshall
Agnes Teh

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