MORTGAGEE SALE

MORTGAGEE AUCTION – 163 – 167 Rodney Street, Wellsford High Profile, Multi Income

Positioned in the heart of Wellsford’s main retail strip, this multi-tenanted commercial investment offers scale, profile and a diversified income stream across two freehold titles.

The property comprises a combined building area of approximately 1,264m² (according to Property Smarts) on 933m² of land, zoned Central Town Centre. According to a current real estate advertisement, the primary property features a 1,180m² building accommodating a mix of ground floor retail and service tenancies, with professional occupiers on the upper level, including a dental clinic and chiropractic practise. The second title comprises a standalone 84m² (according to Property Smarts) building on 463m², leased to a long-term tenant.

With prominent main road frontage, the property benefits from strong exposure and accessibility, supported by surrounding parking.

The established tenancy mix across retail; medical and professional sectors provide split-risk income in a well-located North Auckland township.