Listing #:4113747
BEACH SIDE INVESTMENT WITH DEVELOPMENT UPSIDE
| Location: | 1-5 Clyde Rd, Browns Bay, North Shore City, Auckland |
|---|---|
| Property use: | Industrial |
| Floor area: | 900m2 |
| Price: | Price by negotiation |
Sought after opportunity for investors and developers in the absolute prime location of Browns Bay. Consisting of a modern 900m²(approximate) office building over three levels.
Located a mere stones throw from the magnificent Browns Bay beach, cafes, shopping and positioned on the through road. Current operative zoning designates a height limit of 12.5metres offering potential of an additional level (subject to consent). Very well maintained with significant recent infrastructure upgrade (including air-conditioning).
This investment is underpinning a long-standing and well established tenant experiencing strong business growth over the past years. Final lease expires end of 2022. Net rental return is $180,000 per annum.
KEY FEATURES
• Section 604m²
• Floor area 900m²
• Five carparks
• Net returns $180,000 pa
• Lease final expiry end of 2022
Do not hesitate to contact the sole agent any time for further information.
Video available for this property. Click the "View their website" link at the bottom of the page.
Agency reference #: 62518
Located a mere stones throw from the magnificent Browns Bay beach, cafes, shopping and positioned on the through road. Current operative zoning designates a height limit of 12.5metres offering potential of an additional level (subject to consent). Very well maintained with significant recent infrastructure upgrade (including air-conditioning).
This investment is underpinning a long-standing and well established tenant experiencing strong business growth over the past years. Final lease expires end of 2022. Net rental return is $180,000 per annum.
KEY FEATURES
• Section 604m²
• Floor area 900m²
• Five carparks
• Net returns $180,000 pa
• Lease final expiry end of 2022
Do not hesitate to contact the sole agent any time for further information.
Video available for this property. Click the "View their website" link at the bottom of the page.
Agency reference #: 62518
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Price by negotiation
1-5 Clyde Rd, Browns Bay, North Shore City, Auckland
Property buyer's checklist
Price by negotiation
Listed: Mon 4 May, 3:33 pm
Ferdi Doktoroglu
-
Contact details
- (027) 5337337
- (09) 3597824
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Vendor's details
Ferdi Doktoroglu
- (027) 5337337
- (09) 3597824
Expires: Tue 27 May, 5:02 am
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