C/3 Rata Street, New Lynn, Waitakere

Affordable government backed investment

• Well located in one of Auckland's fastest growing suburbs
• Offering ample car parking whilst surrounded by well established tenancies
• Government funded tenant with new four year lease in occupation since 2011
• >100% IEP rating (Grade A)
• Returning $63,000pa plus GST and outgoings

The opportunity to purchase a superbly located 311.5sqm (more or less) investment property comprised of commercial space on the upper level and car parking below presents itself to both entry-level and seasoned investors looking for a solid hands-off investment.

Being well located amongst well known national retailers including Bunnings, McDonald's, LynnMall, New World and Les Mills, allows the property to take advantage of the firm and established New Lynn Market. Benefitting from its close proximity to the New Lynn Train Station and Great North Road as well as ease of access to the Auckland CBD and Western suburbs via the North-Western Motorway.

With a refurbishment underway and a brand new four year lease in place to a government funded tenant, investors can take comfort in this secure investment.

* Boundary lines are indicative only

For further information, please contact the SOLE agents today

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

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

Beterly Pan
021 139 2228
beterly.pan@bayleys.co.nz