• Profile freehold investment with exceptional WALT of 14 years (approximately)
• Returning $340,460pa + GST + Opex and anchored by international and local tenants
• Strategic main road position now home to many national and international brands
• Strategic 1,512sqm (more or less) landholding with development intensive zoning provides future upside
Positioned in the heart of Glen Innes’ intensifying commercial hub, this fully leased investment combines secure long-term income with future add-value potential. Anchored by global household names Burger King and Starbucks, the property delivers $340,460pa + GST (net) with a WALT of 14 years and built-in growth.
The substantial 1,512sqm freehold site enjoys commanding frontage to one of East Auckland’s busiest arterials, surrounded by major brands capitalising on strong residential growth. With Business – Town Centre zoning and a 32.5m height allowance (subject to Consent), the under-utilised landholding offers exceptional redevelopment potential.
Whether land banking, holding for income, or unlocking future development, this rare offering ticks every box for astute investors. Call us now!
