46-48 NEW NORTH ROAD
ASSET TYPE // GROUND FLOOR RETAIL. FIRST FLOOR RESIDENTIAL.
LOCATION // EDEN TERRACE
ACQUISITION DATE // DECEMBER 2019
TENANTS // delissimo deli. part VACANT FOR LEASE.
KEY DETAILS
A three level character commercial building which was originally constructed circa 1900. Improvements provide for ground level retail and office space, with residential apartment or office space to the first floor, and a basement storage level.
The 309 sm m land holding is located to the fringe of Auckland’s CBD in Eden Terrace.
The ground floor comprises two separate tenancies, providing retail and Delissimoa café with an external decking area for customers. The retail café is of high quality finish maintaining character features. Level one provides apartments or could be utilised as office accommodation.
General construction of this building is of concrete foundations with double skin brick, part timber framed with vertical weatherboards, mostly timber framed joinery and long run metal roofing. Additional improvements include paving to the rear yard, to provide two open car parks, with vehicle access available from Korari Street. .
