43 Cook Street, Howick, Auckland Split risk investment with development potential

Available PropertyFiles:

  • Asbestos Management Report Ross Court.zip
  • IM.zip
  • ISA Report 43 Cook Street, Howick.zip
  • LIM Report.zip
  • Lease Documentation.zip
  • Leases.zip
  • Property File.zip
  • Record of Title.zip

Property Description

• 1st time on the market in over 68 years
• Seven separate tenancies returning $187,566pa + GST and outgoings
• Nine metre building overlay development potential
• Prominent corner site

43 Cook Street has been owned by the same family since 1955. The Title is Fee
Simple and encompasses seven separate tenancies, ample car parking and drive
around configuration.

The property is currently returning $187,755.00pa + GST and outgoings. All leases
have guaranteed rent reviews. This is a prominent corner site with development
potential located within a maximum 9 metre Height Variation Control under the
Auckland Unitary Plan.

Howick is a stable, established, and high-income residential suburb who support
their local businesses. Our vendors are motivated to sell and instruct Bayleys to do
so. Contact our sole agents to arrange a viewing or for more information:

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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 Geoff Wyatt

Bayleys Real Estate Limited

Licensed under the REA Act 2008

021 982 322   geoff.wyatt@bayleys.co.nz   All Listings

Geoff Wyatt joined Bayleys Real Estate in 2005. Since that time, Geoff has completed lease and sale transactions valued in excess of $25 million. In 2010 Geoff completed deals which placed him in the “Top 20” Commercial & Industrial agents in Bayleys Realty Group.

Geoff concentrates his efforts on knowing the South and East Auckland retail and commercial market; the landlords, tenants, investors, brokers and developers. Geoff specialises in all aspects of commercial real estate sales and leasing. He has expert knowledge of vacancies, rental and absorption rates of retail and office space in the area.

Prior to joining Bayleys Geoff spent thirty years in the fashion industry where he learnt that “customer service is key”, knowledge he has brought to his real estate career and the mantra for his business.

Geoff’s success stems from his diligent service, problem solving skills, and strong commitment to his clients.

“The formula is very simple; I make vendors, landlords and tenants my priority. I listen to them and visit them on a regular basis to understand their current and future needs. When it comes time for my clients to make a decision, it is an easy process, because they trust my capabilities. They know that I will represent them fairly and successfully in their retail or office space needs.”