• Split risk investment returning $622,000pa + GST with government-funded anchor tenant
• Fee simple estate of 3,614sqm of land benefiting from the growth corridor overlay
• Highly sought after North Shore real estate elevated with 40m of frontage to Wairau Road and visibility to State Highway 1
On the market for the first time in 26 years, this prime piece of real estate in the popular Wairau Valley on Auckland’s North Shore will appeal to a wide range of buyer groups. Whether you’re a passive investor, a family trust, or looking to maximise the site’s future potential, this asset delivers on all fronts.
Returning $622,000 net per annum across three tenancies, the property is anchored by a government tenant in a purpose-built facility at the rear of the site, while the two smaller tenancies benefit from strong frontage to Wairau Road.
The land is regular in shape and occupies a prominent, elevated position, with future upside supported by the growth corridor overlay that enhances the property's long-term appeal.
Act quickly to secure this desirable landholding with strong returns.
