Investment with profile


3002-3006 Great North Road, New Lynn

By Negotiation

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Investment with profile | 3002-3006 Great North Road, New Lynn | 1503701 |      X Close
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Investment with profile


An opportunity to secure a freehold investment on a prominent corner site with a favourable zoning.

3002-3006 Great North Road is being offered for sale as a tenanted investment, returning $171,257 net pa with a new 6 year lease in place to an established Tenant.

The property lends itself to passive investors or purchasers with a view to the future while banking the holding income.

With a favourable underlying land zoning, the site lends itself to redevelopment or extensions in the future due to its current low site coverage. Forget all previous marketing. Please call the sole agents today to arrange an inspection or to receive further information.

Features:

• Land area of 2,701sqm more or less

• Zoning - General Business

• 6 year lease from January 2020

• Annual rental $171,257 pa plus GST plus Outgoings

• NBS grade A+

• Established Tenant - Enterprise Motor Group

• Sole agency

3002-3006 Great North Road, New Lynn

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