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Albany

J/33 Triton Drive, Albany, North Shore

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300sqm Floor area

Asking Price NZ$1,600,000 + GST

 (if any)

Trophy on Triton


- Split risk investment- 3 tenancies
- 300sqm (approx.) floor area
- Returning $104,604 net p.a.
- A+ seismic rating - 146% NBS

Secure this rare trophy in the ever-expanding retail mecca that is Albany. Three well apportioned tenancies, with two retail tenancies on the ground floor and a well presented first floor office.

The front retail tenancy is enjoys copious amounts of natural light from its floor to ceiling windows, is well appointed internally and enjoys fantastic exposure onto Triton Drive. The rear retail tenancy is the Albany- Triton Plaza PO Box Lobby, currently leased to NZ Post. The first floor office area is in great condition, and is tenanted by Wendy Wu Tours, who have recently renewed their lease. The tenancies offer diversification for an add value investor, as well as means of spreading risk for a future owner occupier.

Tenancy 1: NZ Post (65sqm)* (approx. 600 mail boxes)
Tenancy 2: Front Retail (147sqm)* - Gifts and Books Direct
Tenancy 3: Office (88sqm)* - Wendy Wu Tours Limited
*All areas are approximate

Call now for more info!

Adam Curtis

Adam Curtis


Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008
Michael Nees

Michael Nees


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Add Value


Impending lease expiry

Immaculate


Presentation

Split Risk


Three income streams

Tenant Profile


Wendy Wu Tours (Travel Agents), NZ Post and Gifts and Books Direct (Retail)