Northcote, 37 Woodside Ave NSC29365

Outstanding opportunity to secure this freehold corner site Investment property just minutes away from the Northern motorway on-ramp.

The 1,229m² freehold site is located on the corner of Woodside Ave and Kawana Street with a total building area of 1,740m², providing a healthy and stable income to the vendors for over 10 years.

Six long occupying tenants and 1 small vacancy produce a manageable net rental income of $ 235,619 + GST + outgoings. The premises encompasses 613m² of ground floor warehouse and a total of 1,127m² of office space on the first and second floor.

Key Investment features:
- Freehold land of 1,229m² (more or less)
- Building area of 1,740m² (more or less)
- Net rental income $235,619 + GST + outgoings
- 4 min drive to Northern Motorway on-ramp
- 75% NBS (seismic rating)
- Multi-tenanted investment
- Business - Light Industrial zoning

For more information and an appointment to view this investment opportunity, please contact NAI Harcourts today.

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http://www.propertyfiles.co.nz/445310002