• Located in the zero-vacancy 'Foundation' retail centre in central Albany
• Next to shopping mall, future council building, Mitre 10, university and stadium
• Reputable health clinic tenant with great rental payment track records
Offered to the market is this 114sqm (approximately) prime retail investment occupied by an established reputable health clinic returning $52,000pa + GST and outgoings with built-in rental bond, market and CPI rental review. Astute investors must not miss out.
The Foundation is a multi-purpose development located on a strategic corner site on Oteha Valley Road, a main arterial which runs between the Albany Highway and the Northern Motorway, and Appian Way, a main link road to Westfield's Albany shopping mall and right next door to future Auckland Council building, Mitre 10, Massey university and the North Harbour Stadium. Developed jointly by Todd Property and Capella Property in 2014, comprising of 23 retail shops tenanted by various anchor brands including Tank Juice, Lone Star, Discovery Childcare Centre, Pita Pit, Snap Fitness etc, the Foundation is a vibrant complex that reflects the modern retail trend of popular shopping complexes with ease of access and a high profile.