2 Fleet Street, Devonport, North Shore

Devonport split-risk investment

• Three tenancies fully occupied returning a net rental of $101,558pa + GST and outgoings
• Strategically located within the Devonport township
• Standalone freehold property on a 531sqm (approximately) site
• Two (2) car parks
• Business - Town Centre zone

Nestled in the heart of Devonport, 2 Fleet Street presents a fantastic split-risk, commercial investment opportunity to own a standalone, freehold site in a highly sought-after and tightly held locale.

Returning a combined income of $101,558pa + GST and outgoings diversified across tenants including two medical as well as one residential, the property offers great holding income with rental upside for investors. The site is further advantaged by the town centre zoning and boasting sea views from the first and second floors.

Just a 12 minute ferry ride away from Auckland's CBD, and with the potential to re-develop in the future, this opportunity should not be missed.

Call the joint sole agents now to arrange an inspection, or for further information on the property.