A rare chance to secure a character City Fringe commercial investment property, which has been refurbished and seismically upgraded. Operating as the famous ‘Horse and Trap’ this property offers purchasers a 15 year lease plus rights of renewal and is returning $260,000 + GST p.a.
The property is located in a sought after Mt Eden location, a short distance from the Mt Eden retail precinct and with easy access to public transport, motorways and Auckland CBD.
The property is also underpinned by a 938 square metre (more or less) fee simple land holding, which is zoned Business – Mixed Use under the Auckland Unitary Plan.
Note: the neighbouring property at 1 Enfield Street is also available for sale, for further information, please see listing 1683648
D +64 9 375 6890
M +64 21 532 121
alan.haydock@bayleys.co.nz
Bayleys Real Estate Limited,
Licensed under the REA Act 2008
D +64 9 375 8429
M +64 22 420 6845
damien.bullick@bayleys.co.nz
Bayleys Real Estate Limited,
Licensed under the REA Act 2008
