Established split-risk investment


336 Mahurangi East Road, Snells Beach

Private Treaty

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Established split-risk investment | 336 Mahurangi East Road, Snells Beach | 1270468 |      X Close
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Established split-risk investment


β€’ Split-risk investment returning $64,474 + GST per annum

β€’ High quality premises leased to five established tenants

β€’ Underpinned by an 835 square metre (more or less) fee simple landholding

β€’ Business - Neighbourhood Centre Zone

336 Mahurangi East Road is a split risk investment located centrally in Snells Beach. Returning $64,474 net per annum from five well established tenants including Active Plus Physiotherapy, Seaspray Takeaways, and Golden Sands Bakery.

The property consists of three primary tenancies and two basement storage units leased to long-standing tenants with a gross floor area of approximately 330 square metres.

The premises benefit from a high-quality construction designed to support a second storey which has yet to be realized. The property has been subject to consistent capital investment to support its longevity including extensions of two tenancies within the last 10 years.

Well positioned in Snells Beach, a growing North Auckland suburb approximately 50 minutes from the CBD, known as a popular tourist destination.

For sale by Deadline Private Treaty (unless sold prior) closing 4pm, Thursday 26 May 2022.

Contact the sole agents now for further information.

http://propertyfiles.co.nz/property/680040003

Henry Napier

Warkworth

Licensed under the REA Act 2008

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Chris Blair

Warkworth

Licensed under the REA Act 2008

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336 Mahurangi East Road, Snells Beach

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Henry Napier

Warkworth

Licensed under the REA Act 2008

View profile

Chris Blair

Warkworth

Licensed under the REA Act 2008

View profile