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55,57,59A Morningside Drive, Mount Albert, Auckland City

Developers' Dream - Cash Cow in Business Town ...

dollar

Tender

House
House
Bedroom
13
Bathroom
10
Title type
Freehold
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Property details

Listing # 812932 | Listed on 13 April 2022

Tender: Closes on Friday 25 June 2021 at 4:00PM (unless sold prior)

Calling all developers and investors! You have found a gold mine! Premium central location, opposite the Westfield St. Lukes shopping centre, 55, 57 and 59A Morningside Drive will be sold together, offering a huge development site and great rental income. Zoned for the Business-Town Centre, the potential is huge!

The combined land area of 55 and 57 Morningside Drive is 1168m2, and 59A Morningside Drive is on an undivided one third share of 1643m2. Excellent rental income: $143,000 annually for the three properties combined. Acquire with confidence for development, land banking or income generation.

Superb location with close proximity to the train station, local transports, Kingsland, fabulous selection of local wining and dining. Easy access to motorways and a short drive to Auckland CBD. Take an easy stroll to the Medical Centre and Library. It is also in zone for Mt Albert Primary and Mt Albert Grammar.

Opportunities like this do not come around everyday. You need to act quickly to secure it. Make it a priority to check out and contact us today!

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