Shop 4/113-117 Felton Mathew Avenue, St Johns, Auckland

Affordable retail investment

•High profile corner site with 100% occupancy
•Tenant in occupation since complex was redeveloped in 2010/2011
•Net rental $43,000 per annum + GST and outgoings
•Market rent reviews two yearly
•Entry level investment for first time investors

Situated in the popular and established Merton East Convenience Centre with nine established and well known businesses such as Columbus Cafe, Carls Junior, St Johns Butchery, Jetts Fitness, St Johns Liquor and The Fresh Market, including Bombay Blues in occupation since 2011.
The complex with a 100% occupancy is strategically positioned on a high profile site at the roundabout intersection of three busy roads, Felton Mathew Avenue, Merton Road and Morrin Road. Close proximity to Countdown Supermarket, Park City (ex University campus), various sporting centres and Glen Innes shopping centre.
With exceptional population growth in both sectors of commercial and residential this is an excellent opportunity for all investor types to secure this asset in such a desirable location.

Call the sole marketing agents to arrange an inspection.