Listing #:2028510416

NEW 6 YEAR LEASE ON LEVEL 1 – INVEST NOW!

Location: 19 Wellington Street, Howick, Manukau City, Auckland
Property use: Retail
Floor area: 887-887m2
Land area: 1012m2
Price: Price by negotiatio­n
EXCELLENT INVESTMENT OPPORTUNITY IN HOWICK!

 

With the level one vacancy now filled on a brand new 6 year lease, this becomes a whole new prospect for the savvy investor. A combined income from the two tenants generates annual income of $207,901 + GST and will be an attractive prospect for the add value investor or developer due to the favourable zoning future proofing the property.

 

19 Wellington Street is a Freehold site in a Business -Mixed Use Zone on 1012m² of land and a NLA of 887m² split across two levels. In the basement of the building, there are twenty-nine allocated car parks with excellent access to the building via the basement carpark, the rear or the front of the building.

 

Recent works have been carried out on the site that include a brand new roof and refurbishment to the first floor. 

 

This would make an excellent investment to add to your portfolio. To download further information please access all relevant documents from our secure Dataroom on the Colliers site. https://www.colliers.co.nz/211708/
Features:
* 1012sqm Freehold Site
* NLA 887m2
* Net income $207,901 + GST p.a
* Future Development Potential
* Business - Mixed Use Zone
* 29 On-Site Carparks
* Excellent Howick Location

Agency reference #: 213075
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Price by negotiation
19 Wellington Street, Howick, Manukau City, Auckland
Price by negotiation
Listed: Wed 17 Apr, 10:41 am
Chris Wakim
Colliers International South Auckland, (Licensed: REAA 2008)
  • Contact details
  •  (09) 3578626
  •  (027) 6108539

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Agent's details

Chris Wakim
  •  (09) 3578626
  •  (027) 6108539
Matthew Barnes
  •  (09) 3568906
  •  (021) 828563
Colliers International South Auckland, (Licensed: REAA 2008)
(09) 3581888
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Expires: Thu 13 Jun, 9:57 am
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