887 New North Road, Mount Albert, Auckland

For Sale

169 sq.

121 sq.

Other

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30+ days on the market

What's around 887 New North Road

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.