6B/21 Corinthian Drive, Albany, North Shore

Premium investment

Offered to the market is a retail unit located in the the biggest new retail development on the North Shore at 21 Corinthian Drive (also known as Orchard Park Retail Hub), Albany, completed in 2017.

Orchard Park Retail Hub is part of the staged Corinthian Retail Centre Development. The master development consists of 30 retail units in two stages:
•Stage 1: 14 Corinthian Drive (14 Retail Units)
•Stage 2: 21 Corinthian Drive (16 Retail Units)

Claimed to be the biggest food and beverage precinct on the North Shore. Prior to completion of this modern centre, all units have been leased to an attractive mix of food and beverage, and service retail businesses, including a supermarket, various restaurants and 'grab and go food', and retailers. The site benefits from an abundance of shared common car parking, in addition to multiple accesses from both Corinthian Drive and Data Way, allowing ingress and egress. Each shop has plenty of profile with signage above.

Situated in the heart of Albany, this high-exposure retail complex enjoys triple frontage facing Albany Highway, Corinthian Drive, and Data way. The busy centre is surrounded by a wide range of well-known tenants, including ASB Bank, Westpac Bank, Mitre 10, Olympus, Mcveagh Fleming, Lion Foundation, Peter Baker Transport, and Kids Cove Childcare Centre.

Unit 6B is situated at a strategic corner position in the heart of Albany with superb exposure to the Albany Expressway, which carries over 19,000 traffic counts daily. The 144sqm (approximately) retail unit is leased to a restaurant for nine years returning $90,000pa plus GST and outgoings. A rental bond is in place in addition to a personal guarantee.