sold
View 0+
1 of 1
Sold Property
m2
$1,135,000
Isaac Tankard harcourts North Shore
Nick Young harcourts North Shore
Offered for sale is the first commercial property established in Birkenhead! This building has seen it all and still holds a prime position with continual commercial occupation for over 100 years.
Occupied by the Vendors for over 20 years where they operated a successful Thai restaurant, the property has been a secure source of income since they retired and leased the property in 2012.
The ground floor is occupied as a restaurant and the first floor as office/storage, there is also a billboard on the eastern side of the property which is leased and provides a second source of income.
Zoned 'Town Centre' under the Auckland Unitary Plan (operative in part) allows for a height of 21m which offers an ideal re-development opportunity in the future.
- Total Income of $72,000 + GST + outgoings
- Freehold site of 412m² (more or less)
- Lease renewal in 2020 with two further terms of six years each, two yearly rent reviews
- Zoned Town Centre under POUP (21m height limit)
Please phone NAI Harcourts for details.
Property ID: #NSC24885
Office
Licensed under REAA 2008
m2
Sold Property
Offered for sale is the first commercial property established in Birkenhead! This building has seen it all and still holds a prime position with continual commercial occupation for over 100 years.
Occupied by the Vendors for over 20 years where they operated a successful Thai restaurant, the property has been a secure source of income since they retired and leased the property in 2012.
The ground floor is occupied as a restaurant and the first floor as office/storage, there is also a billboard on the eastern side of the property which is leased and provides a second source of income.
Zoned 'Town Centre' under the Auckland Unitary Plan (operative in part) allows for a height of 21m which offers an ideal re-development opportunity in the future.
- Total Income of $72,000 + GST + outgoings
- Freehold site of 412m² (more or less)
- Lease renewal in 2020 with two further terms of six years each, two yearly rent reviews
- Zoned Town Centre under POUP (21m height limit)
Please phone NAI Harcourts for details.
Property ID: #NSC24885
Isaac Tankard harcourts North Shore
Nick Young harcourts North Shore
Office harcourts North Shore Licensed under REAA 2008
Whether an owner-occupier or an investor we can help you determine the worth of your current asset. Why not find out with a Property Appraisal, highlighting recent sales and leases, property returns, market insights and more?
$535,000 10/35 Apollo Drive, Albany, Auckland 0632
$1,358,500 159 Kitchener Road, Milford, Auckland
Share