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Wairau Valley

10/170 Wairau Road, Wairau Valley, North Shore

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59sqm Floor area

For Sale by Negotiation

Entry Level Investment


- Bite sized investment
- Returning $39,000 net p.a.
- Floor area 59sqm (approx.)
- Recently renewed Lease

Herein lies a rare opportunity to secure a bite sized retail investment in an established retail block. Bite sized investments such as this are truly rare. The unit comprises of open plan offices tenanted by MTF Vehicle finance who has been onsite since 2013.

With vacancy rates across the area at historical lows, subsequent tenant demand has stimulated significant rental growth for units of this nature which is yet to be recognised. This demand, lack of greenfield development sites and cost of construction all adds up to an affordable opportunity that you will struggle to replace in the future.

For further information please don't hesitate to contact the sole agents today.

Adam Curtis

Adam Curtis


Bayleys Real Estate Ltd, Northwest,
Licensed under the REA Act 2008
Adam Watton

Adam Watton


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Bite sized


Retail investment

Lease


Recently renewed

Returning


$39,000 net p.a.