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715sqm Floor area

Asking Price NZ$1,400,000 + GST

 (if any)

Attractive 8% Return


- Fully licensed gaming bar and lounge - 18 gaming machines
- First time on the market
- Extremely busy and popular location with generous carparking, dual access
- Returning $111,938.88pa + GST and outgoings
- Seismic (earthquake) rating 75% of NBS
- Rent Reviews are two yearly to the higher of CPI plus 5% or Market

With brand new five-year lease in place, the property will suit investors who foresee good
cashflow being generated.

Located in the heart of Mangere Town Centre, the property has 18 gaming machines and is the only licensed premises in the town centre, enjoying excellent patronage.

Positioned on the first floor above retail shops. Surrounding amenities include library, medical centre as well as Countdown and McDonald's.

Contact the Sole agents for further information.

Asking Price $1,400,000

Tony Chaudhary

Tony Chaudhary


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

Janak Darji


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

Amy Weng


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

Features

Floor Area


715.34sqm

Returning


$111,938.88pa plus GST & Outgoings

Zoning


Business 2