This is an outstanding property .......a beautiful verandah
villa occupying a prime corner 708m2 freehold site. It is
just meters from the fashionable Westlynn shops.
There is a current lease in place at $100,000 pa, plus GST,
with a rent review in 2009 plus a three year right of
renewal. Please note we have been notified that the tenant
will not be renewing their lease and will vacate 31st
January 2009. This property will suit an investor or owner
occupier.
A resource consent allows the 200m2 (more or less) villa to
be partially utilized for retail purposes with the balance
as live-in accommodation. The property has been extensively
renovated for its current use and offers five off street car
parks.
It is a Superb location and a Superb opportunity! CV on the
property is $900,000 dated 01/07/2005.
The property is being sold through a mortgagee tender
closing on 11 Nov 2008 at 4:00pm.
We do not have access to the property but you will be able
to see the retail part of the property during normal
trading hours.
Please let me know of your interest and I will send you
additional information. The tender documents will be
available shortly.
Best regards,
Mr Colin Kumar
c.kumar@barfoot.co.nz
WE LOVE SELLING AUCKLAND
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