Owner relocating out of Auckland with clear instructions to sell!

To be sold – 2 well presented, fully tenanted, Stratum in Freehold Units.

These adjoining units are situated within a group of 11 and located in the sought after Lincoln North business precinct.

To be sold separately, this represents an Ideal Investment Opportunity (better than money in the bank)

– Unit 10, 8 Moselle Avenue offers a quality 80sqm (approx) unit, Fully Leased returning
$14,500 p.a. plus GST and outgoings, since Dec 2019 on a 1 x 1 year term.

– This versatile and nicely presented property contains a storage area, plus a full kitchen and bathroom facilities, and a very pleasant outdoor seated area in front of the unit.

– This unit has the Residential Use Rights Compliant, and is Duly noted on the LIM report.

– Current tenant uses the unit entirely for storage, but previous tenants have used it both as office and residential. The option to whatever usage is entirely up to the new tenant/owner.

– There are 2 car parks in the form of accessory units allocated to this building.

Currently, one of the accessory units are used as the outdoor seated area.

Zoned: Business General Zone (which provides for business activities from light industrial to limited office, large format retail, and trade suppliers)

– Also for auction: Unit 9, 8 Moselle Ave being the adjoining unit, and also offered for sale under the same auction terms.

Buy One or Buy Both, Ideal for 1st time investors or a seasoned investor looking to add to their existing portfolios.

Call Glenda or Trudi now for more information on this property (or both properties).
Inspection is strictly by appointment only.

Auction Date: Wednesday 14th April 2021 at 1pm (unless sold prior)

Auction Venue: Ray White Universal
197 Universal Drive, Henderson.

Glenda West: 021 591 231
Trudi Pirini: 0273 333 182