A retail property occupied by the ASB Bank in the Otara town centre and generating about $56,000 plus GST and outgoings in annual income will go under the hammer next month.
"This property at 15 Fair Mall is strategically located in a corner position at an entry to the mall with a large public parking area directly in front," says Agnes Teh, commercial and industrial agent with Barfoot & Thompson Commercial, who is marketing it for sale by auction at the agency's 34 Shortland St auction room at 10.30am on Wednesday, May 14, unless it sells earlier.
The building with a total area of 276sq m occupies a freehold site of 227sq m and comprises a ground floor area of 206sq m and first floor of 70sq m.
"Fair Mall is in the Otara town centre which is on the northwestern corner of the Bairds Rd and East Tamaki Rd intersection," Teh says.
"The premises has been fitted out by ASB Bank with the ground floor double doors opening from the corner into an open banking chamber area, two offices and a strong room. An internal staircase at the rear gives access to a first floor area containing a lunch room with a stainless sink bench and cupboards, men's and ladies' toilet rooms and a hallway."
