16/18 Link Drive, Wairau Valley, North Shore

High Yield Investment $1,900,000 + GST (if any)

Are you looking for a decent return and are sick of missing out at auction? This property has an asking price of $1,900,000 which will give you an immediate return of 6%.

• New three-year lease
• Net annual return of $115,000pa
• Built in annual CPI rent reviews

Situated in the buzzing surroundings of Auckland's Link Drive is the quality investment property you have been searching for. This is a rare opportunity to secure a superior investment property with an established tenant which has just resigned for a new three-year term lease. The net annual rental is $115,000 and the rent is adjusted annually to the movement of the consumer price index.

The property has recently been repainted and refurbished with new air conditioning units, lighting, ceiling tiles, carpet and bathroom fittings. Surrounded by numerous household names, the property is well-located in the long-established homewares precinct of Wairau Park, where shoppers from all over Auckland come to shop.

This a simple passive offering that is sure to suit most investors. Don't hesitate to contact the sole agents to further information.