- Current net income of $206,715.27 + GST
- Freehold site of 989sqm (more or less) opposite the villages only Supermarket
- Upcoming lease expires will appeal to a range of purchaser types
989sqm (more or less) of land, 15-17 Clarence Street presents one of the largest commercial titles in Devonport and is currently occupied by a split-level retail/office building (approximately 810sqm). The existing improvements provide excellent income anchored by long standing Hammer Hardware and supplementary income from first floor tenancies.
The current lease profile provides options for a range of purchaser profiles with investment, occupation or development aspirations and benefits from its position opposite a New World Supermarket.
This property forms part of a once in a generation six property portfolio in Devonport, available for sale individually, together or in any combination please contact the Sole Agents for further information.
https://www.bayleys.co.nz/listings/commercial/auckland/north-shore/-devonport-portfolio-devonport-16910161
Michael Nees
+64 21 182 3085
[email protected]
Damien Bullick
+64 22 420 6845
[email protected]
Alan Haydock
+64 21 532 121
[email protected]
