A heritage-listed, two-level, wooden building, dating from the 1890s, is for sale at 171-173 Onehunga Mall where the 284sq m commercial building occupies a 354sq m site .
The property, which has a single freehold title, is for sale through a tender process scheduled to run through until February 21.
It is being marketed by Barfoot and Thompson commercial/industrial agents James Marshall and Nick Wilson, who expect much interest, due to the property's attractive location and useful Town Centre-Focus zoning.
Marshall says the property is leased to a longstanding tenant, now on a periodic tenancy, providing annual gross rent of $38,352 plus GST.
The 2017 rating valuation was set at $1,120,000 and the operating expenses are an estimated $10,376 per annum.