61-63 St Lukes Road

FOR SALE

61-63 Saint Lukes Road, Mount Albert, Auckland, 1025


This exceptional commercial property presents a unique opportunity to acquire a high-profile, freehold 1,593 sqm site in the heart of the St. Luke's retail precinct. With Business – Mixed Use zoning and an 18m height allowance, this immaculately presented property is a trophy investment in a tightly-held area. Strategically located directly across the road from the Westfield St. Lukes Mall, this property is fully leased to established tenants, generating an annual income of approximately $425,612. The quality of the asset is evident, making it highly appealing to astute investors and family trusts alike.

The property boasts a total floor area of 744 sqm, sits on a generous 1,593 sqm land area, and offers 28 car parks for tenant and customer convenience. The current tenant mix includes multinational company Evo Cycles on the ground floor, Kitchen Studio, and Michael Prasad Group (accountants) on the first floor. Additionally, a long-term lease for the electronic billboard by Lumo adds to its income potential. Situated within the St. Lukes retail precinct, this location offers easy access to transport links and a plethora of amenities. It enjoys a high-profile position in the established area of Mt. Albert, with St. Lukes Road serving as a bustling hub surrounded by a diverse mix of retail, commercial, and residential properties.

Transportation is a breeze with State Highway 16 just 2km north-west, providing quick access to Auckland CBD and the northern and southern motorways. Public transport options are also conveniently located, including bus stops lining St. Lukes Road and the Morningside Train Station within walking distance. With Westfield St. Lukes Shopping Mall directly across the property and the St. Lukes Mega Centre situated just behind, this property offers an unparalleled opportunity to invest in a prime commercial asset in a thriving retail precinct.

Don't miss out on this strategically positioned investment opportunity. Contact us now for further information and to arrange a viewing. This property represents the epitome of a high-profile, income-generating, and strategically located commercial asset. Invest in success today!

FEATURES & AMENITIES

INTERIOR

EXTERIOR

TOTAL BEDROOMS

TOTAL BATHROOMS

FLOOR AREA

PARKING

FLOORING

DECK

EXTERNAL WALLS

ROOFING

AREA & LOT

FINANCIAL & LEGAL

4

2

190 sqm

Hardwood & Carpet

OTHER FEATURES

Marble Kitchen Tops

FIREPLACE

Yes

Yes

Double Garage

Brick

Tile

STATUS

LAND AREA

OTHER FEATURES

Stream, Large Picturesque Pond, Barn, Shed(s)

6.55 Hectares

For Sale

TITLE

Freehold

ZONING/UNITARY PlAN

Zone 11 Rural - Mixed Rural, Rural Industry Zone B

YEAR OF CONSTRUCTION

1969

CONTOUR

Level, Flat Land with Quality Soil

VIEW DESCRIPTION

North Facing, Valley, Mature Trees

TITLE

NA16C/244

LEGAL DESCRIPTION

LOT 2 DP 60666

SALES PRICE

BY NEGOTIATION

CV

$1,850,000 as of 01/06/2021

LAST SOLD

$2,570,000 in 12/2016

SCHEDULE A VIEWING

Yi Wei Tang

Title

Email

Phone

Aurora Group Founder

William Lowndes

Title

Aurora Group Founder

Email

Phone