Make your Mark on St Marks_Property for Sale
Make your Mark on St Marks_Property for Sale
14, 16 & 18 St Marks Rd, Epsom, Auckland, 1051, NZ

Make your Mark on St Marks

Asset Description

JLL is pleased to exclusively present for sale 14, 16 & 18 St Marks Road, Epsom. This unique collection of assets combines a selection of well known and prominent high-profile sites, offering exposure to both freehold and ground Lessor's (freehold) interests with a supreme level of optionality.


14 St Marks Road comprises a prominent freehold corner site with a spacious 725sqm warehouse and 1,647sqm of land offering a wide range of future possibilities.

 

16 and 18 St Marks Road consist of two ground Lessors' (freehold) interests with identical 1,232sqm land areas offering a long-term investment opportunity. Whilst 16 St Marks Road offers an attractive ground rental, this asset also displays versatility for the purchaser to utilise the newly signed variation to subdivide and occupy or develop.


These properties form part of the 'Portfolio of the Century'.


For sale by Tender closing 4pm, Tuesday 17th September 2024. All offers are to be lodged at the JLL offices located at Level 16, HSBC Tower, 188 Quay Street, 1010.

...

Attributes

NOI
MYR 1,630,000
Land area gross
4,111 m²
Tenure
Freehold

Media

Investment Highlights

Investment Highlights:

14 St Marks Road:

  • Freehold 1,647sqm corner site
  • Holding income of $209,058p.a. net + GST
  • Develop or occupy

16 St Marks Road:

  • 21 year perpetual ground lease
  • Returning $277,200p.a. net + GST
  • 1,232sqm land area
  • Attractive variety of options

18 St Marks Road:

  • 21 year perpetual ground lease
  • Returning $135,000p.a. net + GST
  • Generic 1,232sqm parcel of land
  • Strong tenant covenant
Make your Mark on St Marks 4_Property for Sale
Make your Mark on St Marks 4_Property for Sale

Contact brokers

Make your Mark on St Marks (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
19 Aug 2024