163-171 TRAFALGAR STREET, Onehunga, Auckland

 

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0 Bed 5+ Bath 5+ Parking Commercial     For Sale        Negotiation        

 

SUNNY NORTH FACING SITE

 

Well positioned on the prominent corner of Trafalgar Street and Onehunga Mall Road resides 163-171 Trafalgar Street. Opposite the successful and vibrant retail strip at 359 Onehunga Mall Road, is this high profile corner with a combination of commercial and residential income streams. Six residential tenancies and two retail tenancies make up a projected annual rent roll of $179,920.

Commercial tenancies include Refuel and ITI coffee house. Both have brand new fitouts showcasing the thriving economy and demand from clientele in the area. Refuel specialises in organic salads, juice and up-market Gelato. ITI is a specialised espresso coffee house which coffee enthusiast are raving about.

Located next to Penrose and Mt Wellington, precincts considered the engine of New Zealand’s manufacturing industry Onehunga’s has many attributes including easy access to all national road networks, bus depot and the newly built train station.

Onehunga Mall is considered Auckland’s premium fashion outlet centre with no vacancies within the mall. New national traders are moving into local shops to have presence in the catchment. Onehunga is characterised as the next high density urban housing area. Gentrification is underway of the surrounding residential market to become a high value, modern residential suburb

On popular Trafalgar Street with stable tenants at this busy intersection, this offering will benefit future owners, who will enjoy this diversified income stream.

Our vendor has given clear instructions to sell. Call the sole agents today!

FEATURES

Annual Projected Rent $179,920
High yielding asset
Prime 320m² corner site
Readily lettable asset
Mixed-use zoning

 

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Colliers International

GAWAN BAKSHI   Tel: +64 21 31 31 48
Email: Gawan.Bakshi@colliers.com

JONATHAN LYNCH   Tel: 021900611

TONY ALLSOP   Tel: +6421959154

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GAWAN BAKSHI
JONATHAN LYNCH
TONY ALLSOP

GAWAN BAKSHI
+64 21 31 31 48

JONATHAN LYNCH
021900611

TONY ALLSOP
+6421959154

 

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