3114 – 3120 Great North Road, New Lynn offers split risk investment with a potential future development opportunity and is located in the high growth area of New Lynn.
The property consists of four retail tenancies, which have a total net return of $85,240.75 + GST per annum. Tenancies include Noodle Heaven, Juleez Kitchen, Vapo and Turkish Kebabs & Grill and a Beauty Salon.
The building has a total floor area of 307sqm, a land area of 486sqm and is zoned Business – Metropolitan Centre under the Auckland Unitary Plan. It is set in a popular retail strip, with high foot traffic and has excellent exposure on a main arterial route. It is located 550 metres from Lynn Mall Shopping Centre and is within close proximity to major retailers such as Bunnings and The Warehouse.
Seldom do properties like this come to the market, don’t miss your opportunity.
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