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Listing Description

Listed: Fri, 19 Apr

Trophy Ellerslie Investment

171 Main Highway, Ellerslie, Auckland City, Auckland

To be sold by auction on 29 May, 11:00 am

Details

  •   891m² Floor
  •   2303m² Land
AttributeValue
Property use
Retail
Agency reference
NZL67028504

Description

Nestled within the affluent Auckland residential suburb of Ellerslie, 171 Main Highway occupies a prominent corner site, standing as the nearest and most centrally located service station to Ellerslie Town Centre.   With an impressive income totalling $306,800 + GST p.a + OPEX from five tenancies, one of which is occupied by the major international brand 'BP,' 171 Main Highway offers an attractive opportunity for passive investors. Furthermore, the property boasts a total freehold land area of 2303m², providing potential for future development.   171 Main Highway, Ellerslie is up for sale via way of Auction to be held at 11 am on Wednesday, May 29, 2024 (unless sold prior) at Colliers New Zealand, HSBC Tower, Level 23, 188 Quay Street, Auckland. Contact the sole agents & enquire today!

Features:

  • Strong income of $306,800 + GST p.a + OPEX
  • Diverse tenant mix with anchoring international tenant ‘BP’
  • Split Risk Investment with WALT of 3.58 years
  • 2303m2 Freehold corner site
  • Prime Location – 400m walk to Ellerslie town centre
  • Dual Zoning – Mixed Use & Single House Zone

More information: https://www.colliers.co.nz/p-NZL67028504


Map





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Agent's details

Enquire about the property

Colliers Auckland, (Licensed: REAA 2008)

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