2/96 Rosedale Road, Albany, North Shore

Wealth, health and prosperity

• Tenanted investment returning $55,000pa + GST and outgoings
• Established tenant and rental bond
• Located at the entrance of a low vacancy retail centre wth ample of car parking
• Mature commercial precinct with massive recent expansion
• Hand-in-hand with two giant supermarket anchor tenants

Comprising retail area of 90sqm (approximately), this property is located at one of the three entrances of Rosedale Retail Centre. Established tenant has been operating since the opening of the complex. A rental bond is in place in addition to personal guarantee.

Rosedale Retail Centre is a popular retail complex consisting of 39 shops with a comprehensive range of restaurants, retail and service providers. Two supermarket giants have established a strong presence in the eastern and western corners, bringing in tremendous traffic.

The vibrant centre strategically sits in the midst of an established catchment of residential and commercial precinct, taking advantage of 19,200 average daily traffic on Rosedale Road.

Albany is booming, various commercial and infrastructure development projects are happening: $500m Westfield Albany expansion planned; hundreds of Auckland Council staff will move into a new $120 million Albany block, comprising of approx. 2.6ha indoor floor space, expected to be completed in three years; the NZ Transport Agency and Auckland Transport (AT) are working together to develop plans which is part of Northern Corridor Improvements Project on Auckland's North Shore for a new busway station built by 2022, improving transport options for people working in and visiting this area.

The future is now. Call Bayleys Agents for more information and to arrange an inspection today.