11/14 Corinthian Drive, Albany, North Shore

Corinthian luxury fashion investment

•Luxury fashion retail shop with brand new lease
•Recognized business, reputable tenant established since 2015
•Returning $53,000pa + GST and outgoings
•Security bond and personal guarantee
•CPI and market rental review
•Great location with main road exposure
•'Zero' vacancy retail centre
•Surrounded by national and international anchor tenants

Offered to the market is this 84sqm (approximately) prime investment comprising of a retail area of approximately 70sqm and a 14sqm backyard. The road front premises has been leased to a reputable retail operator, with new four (4) year lease, returning $53,000pa + GST and outgoings, built-in CPI and market rental reviews as well as security bond and personal guarantee.

The tenant trading as 'TIDE YO' is established since 2015. It's an Auckland fashion platform with global reach by providing a mix of luxury streetwear and avant-garde labels. 'TIDE YO' has licensed ample popular brands and worked with many of the anchor luxury goods supply groups in Europe. A large database of membership, great products and services have brought 'TIDE YO' long-term and repeated businesses.

The property is strategically located in the zero-vacancy Corinthian Retail Centre. This modern busy centre holds an attractive mix of food and service retail businesses. The immediate area enjoys a high-volume traffic flow with a wide commercial catchment and a significant population base. Massey University, Albany Westfield Mall, Mcveagh Fleming building, North Harbour Stadium, Mitre 10 headquarter are all nearby.

Seize this rare opportunity in market favored Corinthian Drive retail centre, call today.