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An investment that ticks all the boxes!

74-82 Rosebank Road, Avondale

Retail Property
dollar

Negotiation

Floor area
599m2
Land area
625m2
Title type
Freehold
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Property details

Listing # 1903168 | Listed on 13 April 2022

• Fee Simple block comprised of four commercial and six residential tenancies

  • Strategically positioned in Avondale town centre, close to train station, SH1 and SH20 etc.
  • Serious refurbishment undertaken with brand new glazing, new residential fixtures and fittings and IEP upgrade

On offer in the heart of Avondale, is a 624sqm (more or less) freehold site with Business Town Centre zoning. This split risk investment has undergone major renovations to accommodate six self contained residential units - all with brand new fixtures, fittings and floor coverings; along with a seismic upgrade.

The Avondale town centre is currently experiencing a period of redevelopment with the focus on creating high quality homes, stronger transport connections, local business growth; being 15 minutes from the Auckland CBD, this asset is well positioned to take advantage of these new connections.

With a potential net annual income of $290,000pa net, the property offers

investors the opportunity to acquire an investment with diversified income streams from both commercial and residential tenants.

*Boundary lines are indicative only

For further information, please contact the sole agents today

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

Amy Weng

021 177 3422

amy.weng@bayleys.co.nz

Janak Darji

021 047 1290

janak.darji@bayleys.co.nz

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