SOLD
FORGET THE DOOM AND GLOOM- BE READY FOR THE BOOM!
Our vendors are determined to liquidate and cash out of their Live/Work investment property due to another commitment. So, if you are serious about getting a good bargain, then make sure to be in an enviable position to buy on Auction Day.
Astute Investors: Make a smart choice to own this potential dual-tenancy investment opportunity in the desirable Hibiscus Coast region. As the Bank interest rates are sliding downwards, it makes sense to shift to a modern commercial property whose prices are on the rise.
Owner-occupiers: With office and warehouse downstairs plus the living above makes it ideal for business owners to acquire an affordable property for home and commercial. Get a work-life balance here.
Currently returning an income of $40K + gst + outgoings on a monthly basis, the vendor will commit to a fixed term 6-month lease in order to find another long term tenant.
Furnished one-bedroom unit with separate entrance for living plus a commercial high stud warehouse and office below with its own amenities. It has two dedicated carparks as well.
Another great incentive is the forthcoming Penlink bridge project that is taking shape and will be a reality within a few years to give you the capital gain boost. For more details look up the website https://www.nzta.govt.nz/projects/penlink/
Located right the heart of Whangaparaoa commercial/residential precinct, there is great catchment of commercial and residential customers within the immediate surrounding area plus the wider Whangaparaoa region is also experiencing a huge growth all around which has resulted in a clear mandate for residents choosing to work locally.
Telos Commercial are pleased to be appointed as sole agents so please contact Mustan for more details or to arrange a viewing.
Online Auction 30th October @ 12pm (unless sold prior)