Multi Tenanted Investment with Excellent Return


A/179 Archers Road, Wairau Valley

By Negotiation

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Multi Tenanted Investment with Excellent Return | A/179 Archers Road, Wairau Valley | 1502037 |      X Close
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Multi Tenanted Investment with Excellent Return


PROPERTY FEATURES:

- Building comprises retail, offices and warehouse

- Total building area approx. 1,409sqm

- Fully leased returning $259,040pa + GST

- All leases with personal guarantees

- Earthquake rating 100% NBS (A-Grade)

- Resource consent approved for residential apartments

INVESTMENT:

Excellent opportunity to secure a fully leased multi tenanted investment offering a very good return. Take advantage of the good lease terms along with competitive rental rates and personal guarantees - this is a must for all astute investors looking to add to their existing portfolio.

FUTURE DEVELOPMENT:

Resource consent has been approved for a multi-level residential apartment development which includes 14 three bedroom apartments. The ground floor will consist of retail with storage and covered car parking.

LOCATION:

Located in the sought after Wairau Valley, the property provides excellent profile and exposure to a high volume of traffic flow with convenient access to public transport links and motorway interchanges. The location is within a 5-10 minute drive of the Takapuna retail and commercial centre whilst the Auckland Central Business District is within a 15-20 minute drive during normal traffic flows.

Call the marketing agents to arrange a time to view the property.