Community Scoop » Glen Innes Sites Offer Rich Tenant Mix Plus Future Development Options

Press Release – Bayleys
Neighbouring freehold sites housing a rich mix of commercial tenants in an Auckland growth hotspot have been put up for sale, offering diversified income plus significant future development potential. img src ”https://img.scoop.co.nz/stories/images/2104/0edc95e280b076884101.jpeg” …
Neighbouring freehold sites housing a rich mix of commercial tenants in an Auckland growth hotspot have been put up for sale, offering diversified income plus significant future development potential.
The two properties on adjoining titles on Apirana Avenue, Glen Innes, are zoned for intensive development in the fast-growing suburb’s town centre.
Three buildings on the sites are fully leased to tenants ranging from a major charity shop and leading fruit retailer to an acupuncturist, a printing and photography shop, a café and a chocolatier. Seven tenancies return combined net rental income of $350,782 plus outgoings and GST per annum.

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