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Flat Bush

1 Arranmore Drive, Flat Bush, Manukau

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491sqm Floor area
1,463sqm Land area SQM

Private Treaty

(unless sold prior)

Essential neighbourhood convenience centre


UNDER CONTRACT

• Fully leased investment with five tenancies
• Corner site and Neighbourhood Centre zone providing development possibilities
• Large Flat Bush residential catchment
• Returning $181,900pa (approx.) plus GST and outgoings
• Huge presence with immediate upside available

A well presented modern building with substantial onsite car parking will suit astute investors, institutions, family trusts and add value investors alike looking for a long term passive investment which is primed to take advantage of the continual development of the area.

Located in the vast residential catchment of Flat Bush, this premium corner investment comprises five established tenancies including Cafe, Hair Salon, Laundromat, Takeaway and Real Estate office. The site also offers development upside with scheme plans for two additional retail shops and first floor offices.

With a large land holding of 1,463sqm (more or less) freehold site, recently built convenience centres are a rarity.

For Sale by Deadline Private Treaty (unless sold prior) closing at 12pm on Monday the 15th of June 2020 at Bayleys, 2 Harris Road, East Tamaki, Auckland.

Contact the SOLE agents today

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki

15

Jun

Time12pm
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Tony Chaudhary

Tony Chaudhary


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
Janak Darji

Janak Darji


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

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