• 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