Colliers New Zealand are proud to present 154 Carlisle Road to the market, a premium tenanted investment with development upside located in the North Shore suburb of Northcross.
The sitting tenant has occupied the property since 2018 and has their last renewal of 2 years in October 2027.
Currently returning a net income of $80,487.16 pa. The property will appeal to investors, occupiers and residential developers.
Sitting on a freehold site of 759sqm this road front property has great exposure to passing traffic.
The remaining lease will allow time for developers for planning, design and council consents while still enjoying a steady income.
The property is zoned Mixed Housing Urban allowing for high-density residential developments.
The existing layout will suit a number of commercial uses or can easily be converted back to a single residential abode.
The vendors have clear instructions to sell so astute investors, developers or occupiers must inspect.
For Sale by Deadline Private Treaty, offers closing 4pm Thusday 25th June (unless sold prior).
Contact Jimmy, 021 979 991 or Nick, 027 230 6751 now to discuss
Features:
* 759m² Freehold title
* Returning $80,487.16 pa net
* Expiring lease - occupier opportunity
* Front and rear parking
* Prime location near main arterials
* Fitted out for dental or similar
* Residential sub tenant on lower level
* Zoned Mixed Housing Urban
* Sole agency
