Realistic Vendor Demands a Sale
A rare and strategic opportunity to secure three adjoining split-risk, fully leased properties in the heart of Otahuhu's commercial and residential precinct. Offered together as one combined package, this substantial landholding presents exceptional potential for investors, land-bankers, and those seeking scale in a rapidly evolving location.
Key features:
• Three freehold titles sold together - a rare consolidated offering
• High-profile position with dual street frontages to Princes Street and Atkinson Avenue
• Generous combined land area of 1,471sqm (more or less)
• Zoned Business - Mixed Use
• Strong holding income of circa net $296,303.78 pa + GST (from commercial and residential tenancies)
• Surrounded by established retail, hospitality, and service-based businesses
This combined site offers a unique chance to secure a significant footprint in one of South Auckland's most connected suburbs. With increasing demand for mixed-use and higher-density development, this location is ideally positioned for future growth. Excellent access to Auckland CBD, industrial precincts of Penrose and Mt Wellington, and Airport.
Investors will recognise the long-term value of holding a strategic land parcel in a high-growth area. Take position in a rejuvenating central suburb.
Key features:
• Three freehold titles sold together - a rare consolidated offering
• High-profile position with dual street frontages to Princes Street and Atkinson Avenue
• Generous combined land area of 1,471sqm (more or less)
• Zoned Business - Mixed Use
• Strong holding income of circa net $296,303.78 pa + GST (from commercial and residential tenancies)
• Surrounded by established retail, hospitality, and service-based businesses
This combined site offers a unique chance to secure a significant footprint in one of South Auckland's most connected suburbs. With increasing demand for mixed-use and higher-density development, this location is ideally positioned for future growth. Excellent access to Auckland CBD, industrial precincts of Penrose and Mt Wellington, and Airport.
Investors will recognise the long-term value of holding a strategic land parcel in a high-growth area. Take position in a rejuvenating central suburb.
Key features
Opportunity
Three freehold titles sold together - a rare consolidated offering
Zoning
Business - Mixed Use
Lease
Strong holding income of circa $296,303.78 + GST per annum
