Colliers Logo for Web-1
 

Iconic Location with Significant Future Upside

50 Cawley Street, Ellerslie, Auckland City, Auckland

Current holding income of $330,000 + GST per annum | Agreed income of $390,000 + GST per annum from April 1st, 2024 |Mixed Use Zoning offering Future Development upside

❮ ❯

The opportunity

Colliers appointed as sole agents, are proud to be marketing 50 Cawley Street, Ellerslie, Auckland for sale. This property sits on a generous 5,944m2 freehold site, offering an enticing investment opportunity with a blend of warehouse, showroom, and retail spaces.

Features

- Current holding income of $330,000 + GST per annum
- Agreed income of $390,000 + GST per annum from April 1st, 2024
- Mixed Use Zoning offering Future Development upside
- Generous 5,944m2 Freehold Site
- Favourably shaped site to Benefit from NPS-UD (walkable catchment to Ellerslie Train Station)
- Superb location, close to Ellerslie Town Centre & SH1
- Rare land holding on an Iconic Site

Don't miss out on this opportunity. Get in touch with our sole agents today for further information or to schedule a viewing.


Highlights

Current holding income of $330,000 + GST per annum

The property presents a current holding income of $330,000 + GST per annum, and an agreed rental increase to $390,000 + GST per annum from April 1st, 2024 to established tenant ‘Haines Hunter’. 

Superb location, close to Ellerslie Town Centre & SH1

The prime location and mix of under-rented premium warehouse, trade, and retail space make this an attractive investment opportunity in any market.


The agents

Matt Prentice

Logan Roach

Broker
Investment Sales

Licensed under the REAA 2008

CALL NOW

David Burley

Auckland Director
Investment Sales

Licensed under the REAA 2008

CALL NOW

Location

Sales process

Deadline Private Treaty 13th Mar 2024 16:00:00 (Unless sold prior)

Enquire

Colliers

Your success is our success; we are dedicated to driving exceptional results with the right property solutions for you, wherever you operate.


Privacy Policy Terms of Use Copyright © 2023 Colliers New Zealand
Youtube  facebook  Twitter 
Instagram  LinkedIn  Wechat