Property Description

• Highly sought-after building
• Prime Te Aro location
• Will appeal to investors, occupiers and developers
• RV $2,301,000

There's something for everyone here! You can buy the building and the land, and the vendor will move the bakery business or you can buy the business, the land and the building.

The business started life as Brooklyn Bagels back in 1988 but as it was no longer in Brooklyn the name was changed to Zaida's, with a family heritage that traces back to the 1930s the business has real history, and with a good customer base built up over the decades.

Total floor area is 740sqm, with about 400sqm of this on the ground floor, home to the bakery. This area could very easily convert to multiple uses where warehouse/workshop space within Te Aro is a sparse commodity, and there is a huge demand for this type of space. The first floor is currently used as storage.

The land area is just over 420sqm, zoned centres with a current height limit of 27 metres.

So whether you're a developer, an add-value investor, an owner-occupier or a bread lover with an passion, there is something here for you.