SoldAug 24, 2020

163 Rodney St, Wellsford, Auckland

Amount undisclosed

2
3
8
1264 m²
933 m²

Other

30+ days on the market

Sold: Aug 24, 2020

What's around 163 Rodney St

Location, Location, Location

Location, Location, Location! When looking for Commercial investment, location is definitely super-important. This property also ticks all those other boxes too: Central location Fully tenanted Good returns First time ever on the market in 84 years These kind of properties do not come to the market often, and this one has been with the same family for three generations, since its inception. Built by Harry Culpan in 1936, he was amongst the first to realise this location's valuable trading position. A centre to all the surrounding farming and coastal areas as well as on the main route North, its exactly halfway between Whangarei and Auckland. Wellsford is more than just holding its own, it has incorporated into the increasingly fast pace of growth of the Rodney District as a whole. The land is in two titles, totalling 933m2, with 1,264m2 of buildings across both. Seven tenants in all comprise of two street level retail, three first floor health businesses, storage, and studio with residential to the rear of the property. There is much potential for further development. Regional Growth is the big talk these days and for good reason. It's vital if we are to build a better future, a better quality of life. Will you be as forward thinking as our grandparents? If you are an astute investor looking to expand your investment portfolio into our region, call us. This is a rare opportunity on offer here!

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