Listing #:2150576913

PRIZED GLEN INNES FREEHOLD INVESTMENT

Location: 250-252 Taniwha Street, Glen Innes, Auckland City, Auckland
Property use: Office
Floor area: 395-395m2
Land area: 258m2
Price: To be sold by auction on 19 Jun
Colliers International has been exclusively appointed to market the property at 250-252 Taniwha Street, Glen Innes for sale by Auction to be held 11am, Wednesday 19th June 2019 (unless sold prior). 

Since 2006, 250-252 Taniwha Street has been home to one of Auckland’s biggest dance studios. Raw Dance, currently returning $82,700 + GST net p.a. and with a final expiry of January 2025, offers investors an excellent opportunity to acquire a strategic investment with long-term benefits. 

The property comprises a 395m² two-level dance studio maintained to a very high standard. The site itself is made up of two allotments with a combined area of 258m². With pedestrian access from Taniwha Street, the property benefits from its 12.2m of frontage and excellent profile. 

Superbly located in the main commercial precinct in Glen Innes Town Centre, 250-252 Taniwha Street is just 50m walk from Glen Innes train station and on the doorstep of the Glen Innes bus stop. The property can be accessed from both Line Road and Apirana Avenue, the main connecting arterial route to the suburbs of Mt Wellington, Panmure, St Johns and Glendowie. 

Glen Innes continues to benefit from its Business - Town Centre Zoning under the Auckland Unitary Plan, with future intensification and further development earmarked for the Town Centre. 

Call the sole agents today for more information or to arrange a viewing. 
Features:
* Income $82,700 + GST net p.a
* Tenant - Raw Dance
* Recent Interior Upgrades
* 3 year lease term from January 31st 2019
* A Grade seismic rating
* Business - Town Centre Zoning
* Two carparks
* Excellent position in Glen Innes town centre
* Adjacent to Glen Innes Train Station with Bus routes on the door step

Agency reference #: 213395
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To be auctioned
250-252 Taniwha Street, Glen Innes, Auckland City, Auckland
To be auctioned
Listed: Thu 16 May, 1:30 pm
Simon Child
Colliers International, (Licensed: REAA 2008)
  • Contact details
  •  (09) 3589872
  •  (021) 1302067

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Agent's details

Simon Child
  •  (09) 3589872
  •  (021) 1302067
Gareth Fraser
  •  (09) 3597928
  •  (021) 2426779
Colliers International, (Licensed: REAA 2008)
(09) 3581888
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Expires: Thu 1 Aug, 1:36 pm
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