Listing Description
ROADFRONT OFFICE WITH INCOME
A//129 Onewa Rd, Northcote, North Shore City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 63076 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=4113755&sellerId=0 |
Description
Finally an opportunity to own your business premises while earning income at the same time - and with potential for future expansion. With rent costs the biggest single expense for most small businesses, it makes sense to use that cashflow to your own advantage. And exposure to thousands of passing vehicles on busy Onewa Rd each day offers invaluable advertising for your business.
Business 9 zoning gives potential for office, medical or professional use, and this location offers access to a large residential catchment with many high socio-economic households. It's also surprisingly easy to get to, being close to the motorway and less than ten minutes from the city.
The 234m² unit is divided into two tenancies, with the slightly larger front unit available for an owner occupier to move into. The rear unit has a stable tenant with passing income of $24,680 pa (plus GST), and for investors the remaining lease on the front unit will provide short term income. Timing is ideal to take advantage of current rises in North Shore rental rates, while still offering affordable office space in a niche location.
For more information please contact Ferdi Doktoroglu or Tim Bibby.
KEY FEATURES:
- Ground floor 234m² divided into two tenancies
- Total income $51,455 pa net plus GST
- Six carparks
- Complex constructed circa 1988
All measurements are approximate.
