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Albany

8B/21 Corinthian Drive, Albany, North Shore

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78sqm Floor area

Quality retail investment


•Approximately 78sqm road front food premises
• New six-year lease returning $48,000pa + GST and outgoings
• Built-in security bond and rental review

Secure your property investment in 2021. Offered to the market is a 78sqm (approximately) prime retail investment in this zero-vacancy food and beverage development in Albany.

This high-profile retail hub enjoys triple frontage facing Albany Highway, Corinthian Drive, and Data Way. The busy hub is surrounded by a wide range of well-known tenants, including ASB Bank, Westpac Bank, Mitre 10, Olympus, McVeagh Fleming, Lion Foundation, Peter Baker Transport, and Kids Cove Childcare Centre.

Massey University is situated within five minutes walking distance across the Albany Express Highway, Albany Westfield Mall, Albany Mega Centre, North Harbour Stadium, Park and Ride Bus Station are all nearby.

The road front premises has been leased to an experienced food and beverage operator, with new six-year lease, returning $48,000pa + GST and outgoings. The lease has built-in rental reviews as well as a tenant supplied security bond and personal guarantee.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

12
Apr

Time12pm
Calander
Calendar
Steven Liu

Steven Liu


Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Jane McKee

Jane McKee


Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Eddie Zhong

Eddie Zhong


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

Features

Area


'Zero' vacancy retail centre

Lease term


New six (6) year lease

Security


Built-in security bond and rental review

Unit


Approximately 78sqm road front food unit