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887 New North Road

Mount Albert Auckland

1
169 sq.
121 sq.
Other
Currently for sale - view listing

Overview

Freehold Retail Opportunity with High Rental Return in Mt Albert Business Hub

Owner said "Urgent Sale, will consider all offers lower than CV". Owner's pain in your gain! Road frontage retail opportunity. Popular Mt Albert village, Close to public bus stop and train station, UNITEC etc. Freehold title, no body corporate fee. Land size 121 sqm. Floor size is about 212 sqm. Existing tenants contributes annual rent income $34,728 plus GST, with lease agreement will expire in 2028 including renewal rights in 2025. Tenants is flexible to negotiate possible early moving out with new owner. Top floor level 3 runs as a restaurant, licensed, kitchen, good condition. Level 2 is a bedroom for resting and 2 storage rooms. Ground floor Level used bedroom resting and storage combination with back door direct access to own carpark and plenty of free neighbourhood car parking spaces. Please contact agent Jason Zhang phone number 0274143255, or email to: jason.zhang@harcourts.co.nz to book viewing times or more information.

Features

1 carspace
169 sq. floor area
121 sq. lot size
Other

Happy sellers in Mount Albert

73%
73% of sellers in Mount Albert reported that their sale price either exceeded or met their price expectations.

Mount Albert stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 79 reviews in Mount Albert over the last 12 months.

Local market activity for other properties in Mount Albert

In the last 12 months, 5 other properties similar to 887 New North Road, have been sold.

This represents a 38% increase in other properties sales when compared to the previous 12 months.

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