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Listing Description

Listed: Mon, 27 Nov

Freehold Corner Site with Upside

38-40 Victoria Road, Devonport, North Shore City, Auckland

Price by negotiation

Details

  •   333m² Floor
  •   544m² Land
AttributeValue
Property use
Retail
Agency reference
NSC43522

Description

*NAI Harcourts is proud to exclusively offer a superb opportunity for investors to secure 38-40 Victoria Road, Devonport. Strategically positioned in the heart of Devonport with a prominent corner position, this is an excellent split-risk investment that you would be proud to own.

38-40 Victoria Road is situated on Freehold title comprising of 2 standalone buildings. Fully occupied with four established tenants. The site covers an area of 544m2 and is strategically zoned as Business - Town Centre.

Investment Highlights:

  • Fully leased returning $119,000 net per annum + GST
  • Significant profile with excellent corner exposure
  • Strategically located within the Devonport township
  • Redevelopment clauses included in leases
  • Zoning: Town Centre Zone
  • Rental growth opportunity
  • Highly sought-after location

For more information and an appointment to view this property, please contact the Sole Agents at NAI Harcourts Cooper & Co today.


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Agent's details

Enquire about the property

NAI Harcourts - Cooper & Co Real Estate, (Licensed: REAA 2008)

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