Auction: 34 Shortland Street, City on Wednesday 27 May 2026 at 10:00AM (unless sold prior)
An outstanding mixed-use opportunity offering both residential and commercial income streams in a high-profile location. Whether you’re an investor seeking strong cash flow or a buyer looking for future flexibility, this property delivers a rare combination of income, exposure, and long-term potential.
- Dual income streams from residential and retail components on a single title
- Combined return of approx. $88,400 p.a.
- Commercial tenancy returning $31,200 + GST annually + $8,000 + GST OPEX contribution
- Secure commercial lease in place on a 3-year term from May 2024, with further 2 + 2-year rights of renewal.
- Residential tenancy returning approx. $57,200 p.a. on a periodic tenancy
- Strong visibility and exposure on a busy main road
- Five onsite car parks (3 car pads + double garage), adding convenience and strong tenant appeal.
- Approx. 217m2 character villa featuring 5 bedrooms, 2 bathrooms, and a double garage
- Approx. 59m2 retail shop with established street presence and a self-contained kitchen
- Crosslease front site – 1/2 share of 829m2 (more or less)
Opportunities like this are rarely available. Get in touch today for further information or to arrange a private viewing.
Viewing by open home only.
All conjunctional agents are welcome.
