Otara - MOTIVATED VENDOR - PRESENT ALL OFFERS

Price
Location 121 Bairds Road, Otara
Type Retail Property
Floor Area 410 m2
Land m2
Listing No # 4016832
Listed 4/12/2023
Views 34

Description

A superbly located two-level corner property with high profile, in the heart of the Otara retail precinct, is being offered to the market.

KEY FEATURES:

  • Two fully leased retail shops and upper level office
  • 410m² of building
  • 220m² of Freehold land
  • Town Centre zoning
  • Three separate tenancies
  • 70% IEP structural rating
  • Returning $94,900p.a. + OPEX and GST

The property sits on 220m² of Town Centre zoned land. Built in the mid-1960s with an IEP rating of 70%, the property comprises 383m² of gross floor area being a mixture of office space on the upper level and ground level retail space. There are three separate tenancies returning $100,000 per annum net.

The property benefits from nearby public car parking as well as close proximity to major arterial routes, with SH1 being some 600 metres from the property.

Call now to request an information pack or to discuss the property in more detail.

Contact our agent

Duncan Bell

P: 09 36 3 1260
M: 021 57 7 325

Barfoot & Thompson Ltd (Licensed: REAA 2008) - South Auckland Commercial

Ground Floor, 62 Highbrook Drive, East Tamaki
Auckland , 2103




RealEstate Agents contact details and original listing on www.realestate.co.nz -

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