This well positioned freehold property would be a great buy for any investor or owner occupier. Located on a corner site only a few metres from State Highway 1 and adjacent to large public carpark this property has options for everyone.
This 582m2 Fee Simple site currently houses around 386m2 of improvements comprising of a 200m2 warehouse plus mezzanine, a 100m2 showroom/office and an 86m2 secured covered yard. The premises are solidly constructed using predominantly concrete tilt slabs and long run iron. The building benefits from double roller doors, as well as a pedestrian entrance and office facade. It also contains full amenities including kitchen, full bathroom and laundry.
The property is zoned Business Town Centre allowing for mutli-storey development either commercially or residentially should you wish to redevelop the site in the future. This zoning also allows for a huge variety of businesses to operate from here including retail, office, repairs and maintenance, warehousing and light manufacturing.
After originally serving as a mechanical workshop the property has been occupied by the same tenant since 2013. Their current lease terms expires in June 2020 and while the tenant would like to stay there is an option for the new owner to take the premises back for their own use.
- 582m2 Freehold site - 386m2 mixed use building - Ability to retain existing tenant or reclaim use by an owner occupier - Business Town Centre zoning provides future development potential - Currently returning $28,800 PA with rental upside
Auction details 20 November 2019 at 2.30pm, shop 2 719 Whangaparaoa Road (Branch Office)
Auction at Shop 2, 719 Whangaparaoa Road (Branch Office) on Wednesday 20th November at 2:30pm (unless sold prior)Auction at Shop 2, 719 Whangaparaoa Road (Branch Office) on Wednesday 20th November at 2:30pm (unless sold prior)20/11/2019 02:30:00 PM20/11/2019 02:30:00 PMShop 2, 719 Whangaparaoa Road (Branch Office)Auction for 1 Harrison Street, Wellsford, Rodney District starting at 02:30 p.m.
Auction running at at Shop 2, 719 Whangaparaoa Road (Branch Office). Starting at 02:30 p.m.. For the property located at 1 Harrison Street, Wellsford Rodney District. Hosted by Barfoot & ThompsonPacific/AucklandDD/MM/YYYY