Retail/Office Investment With Development Upside!

Premium Real Estate Limited (commercial), is pleased to invite offers for 459 Roscommon Road, Clendon Park, Manurewa, Auckland on a confidential 'Price by Negotiation' basis.

The property forms part of the Clendon Shopping Centre constructed in stages from the early 1980's through to the early 2000's and contained on a Fee Simple (freehold) 2.2678 (more or less) hectare site and zoned Business - Local Centre under the Auckland Unitary Plan.

The improvements provide a mixture of ground floor retail and first floor office accommodation spread over approximately 3,700sqm along with a significant carpark area.

It is anticipated that this opportunity will appeal to buyers seeking to unlock the strong mixed use (commercial/residential) development potential of the underlying land (subject to regulatory approval), while in the meantime benefiting from the significant rental income afforded by the multiple 'split risk' tenancies to help offset holding costs.

Contact the agent today for an Information Memorandum and begin your Due Diligence.

* selling price to be 'plus GST if any'

459 Roscommon Road, Clendon Park, Manurewa, Auckland