Split Risk + Spare Land

16 - 26 Moore Street, Howick

Description

For sale by way of deadline private closing 4:00pm 3rd October 2024 (Unless sold prior)

  • 1023sqm (more or less) of freehold high-profile location
  • Split risk investment with future development potential
  • Six retail tenancies on four titles
  • Total return $206,848.19 + GST and outgoings
  • Hold or develop

Situated in Moore Street, these four freehold titles are offered for sale. The six shops returning $206,848.19 + GST and outgoings. The tenants include Travel Associates, Greenland Cafe, Loan Market, Fau!kner, Bay Audiology and Domino’s.

The property is Town Centre zoned, has a combined building area of 532sqm (more or less) on 1,023sqm (more or less) parcel of land, has a 13 meter height restriction under the Auckland Unitary Plan and a 42 metre prime frontage all of which indicate excellent potential for redevelopment (purchasers must make their own assessment). Or you could hold as the vendor has done and reap the benefits of the income from these excellent tenants

Contact Black Haus as joint sole agents for further information.

Listing Agent

Terry Kim

027 471 1446

[email protected]

 

Simon Aldridge

021 774 951

[email protected]

Contact

Level 3, 48 Greys Avenue, Auckland Central 1010

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