16-26 Moore Street, Howick Split risk investment with exceptional location
TweetAvailable PropertyFiles:
- /ISA Report/
- ISA Report 16-26 Moore Street, Howick 17.3.22.pdf
- /LIM Report/
- LIM - 20 Moore St, Howick.pdf
- LIM - 26 Moore St, Howick.pdf
- /Lease Documents/
- Leases.zip
- /Property Files/
- Property files - Moore St.zip
Property Description
Split risk investment with exceptional location•1023sqm (more or less) of freehold high-profile location
•Split risk investment with future development potential
•Six retail tenancies on four titles
•Total return $206,848.19 + GST and outgoings
•Hold or develop
Situated in Moore Street, these four freehold titles are offered for sale. The six shops returning $206,848.19 + GST and outgoings. The tenants include Travel Associates, Greenland Cafe, Loan Market, Fau!kner, Bay Audiology and Domino's.
The property is Town Centre zoned, has a combined building area of 532sqm (more or less) on 1,023sqm (more or less) parcel of land, has a 13 meter height restriction under the Auckland Unitary Plan and a 42 metre prime frontage all of which indicate excellent potential for redevelopment (purchasers must make their own assessment). Or you could hold as the vendor has done and reap the benefits of the income from these excellent tenants.
Often said but opportunities like these are rare and becoming rarer.
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Terms of Supply
The following information has been supplied to Bayleys Real Estate Limited (“Bayleys”) to be made available to any prospective interested parties for general information purposes only.Bayleys and the Vendor do not warrant the accuracy or completeness of the information and recommends that all recipients make their own enquiries to their satisfaction in all respects and seek their own independent expert advice.
Contact Owen Ding
Owen Ding
Associate Director, Asian Markets
09 375 7439 027 565 0099 owen.ding@bayleys.co.nz All Listings
Graduated with a Bachelor degree in finance, Owen has joined a very successful international sales team in the commercial property sector.
Owen has strong foundation in real estate having spent years previously working as a salesperson in a successful family real estate development business in Shanghai.
Owen is able to leverage off the combined market knowledge of the team and the broad resources of the wider Bayleys network to optimise outcomes for his growing client base.
Owen thrives on the fast-paced environment with his positive attitude.
Committed to the highest level of client satisfaction, his precise attention to detail and close monitoring of the property market ensures that every client receives the best possible levels of service.
Contact Karen Yung
Karen Yung
C&I Broker, Asian Markets
09 309 6020 022 187 3878 karen.yung@bayleys.co.nz All Listings
Born in Hong Kong, raised and educated in New Zealand. After graduating from the University of Auckland, she went aboard and has worked for a number of listed property developer in Hong Kong and has first-hand appreciation of the challenges before concluding a successful deal amidst various economic situation. Karen has acquired more than a decade of retail leasing experiences which has enabled her to accumulate valuable business and brand networks as well as insightful Asia market knowledges. Determined, agile and gritty are just some of the hallmarks of Karen. She is multilingual, speaking fluent English, Cantonese and Mandarin. Passionate toward serving clients of all ethnicities and leveraging off her established connections and networks locally and internationally, she is determined to deliver unparalleled customer service and results. She is humbled to work alongside the industry’s top performers in Bayleys and Karen brings to her role a proactive and enthusiastic approach while making it her business to understand her client requirements and expectations. Karen’s strong communication, negotiation and influencing skills along with her ability to find creative and conducive solutions for clients, puts her in good stead for her role in commercial property and she looks forward to assisting her clients in achieving their property and investment ambitions every step of the way.