Available for the first time in over 40 years is this outstanding redevelopment opportunity in the heart of Takapuna with holding income.
Situated on highly sought after Barrys Point Road this fantastic redevelopment opportunity consists of three freehold titles providing the new owner with a variety of options.
– 1,647sqm over three separate freehold titles
– 548 sqm building area over 2 levels
– Holding income of $101,987p.a. + GST + OPEX
– Zoned Business – Mixed use (18m height)
– Demolition clauses built into Leases
Developers, future owner-occupiers, land bankers and buyers who are seeking a property that offers the key ingredients of location, add-value potential and growth, while providing an excellent holding income, are urged to consider.