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East Tamaki

H/8 Bishop Lenihan Place, East Tamaki, Manukau

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158sqm Floor area
7 Offstreet

For Sale by Negotiation

Solid retail investment


•Established local restaurant tenant
•Returning $37,000pa + GST and outgoings
•Approximately 158sqm floor area
•Built-in rental growth

This is an affordable retail investment with a well established opportunity to purchase a bite size, well established restaurant unit in an excellent location. It was leased to a local Chinese restaurant in December 2017 with a six year lease plus two further terms of four years each.

The property offers investors a secure long-term cashflow.

This retail complex is positioned in the prime location of East Tamaki and was built in circa 2004. Neighboring units are fully occupied by a medical centre, dentist, hairdressers, bubble tea, restaurant, physiotherapy, fitness centre and retail stores.

This hands-free investment will appeal to passive investors looking for secure cashflow.

Don't miss out on this opportunity!

Terry Kim

Terry Kim


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

Amy Weng


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008

Features

Bite-sized


Hands free investment

Exclusive car parks


Seven (7)

Floor area


158sqm (approximately)

Rent review


1st December 2021