Dominion Road Residential & Commercial Investment

A golden opportunity to own a residential apartment upstairs and collect rental for the shop downstairs. This two story freehold property is located in the prime commercial district on Dominion Road.
Downstairs shop is currently tenanted with an annual guaranteed rental income of $42,000(plus gst). It has a toilet attached at the back. The total floor area for both levels is 126sqm. Total land area is 202sqm. The upstairs studio apartment comes with kitchen and bathroom. Spacious enough for living, dining and sleeping. The property is zone under Business Zone (local centre) that allows a future development of 4 story high building for both commercial and residential use (check with council for further details)
This property is surrounded with major retail shop and eateries. it is easy accessible to the city and motorway 20 on the other end. It is within the Mt Albert Grammar zone, Epsom Grammar zone, and St. Peter's college