ā¢High profile 16,637sqm (more or less) site on Glenbrook Waiuku Road
ā¢Returning a net income of $215,822pa + GST and outgoings
ā¢Seven years remaining on Eleven-year lease to essential service National tenant
ā¢Surplus land offers the potential for future development and to add value
ā¢Bottom-drawer, hassle-free investment opportunity
410 Glenbrook Waiuku Road comprises an established Caltex service station that has been refurbished to a modern standard on a long term lease.
The property occupies a high-profile position between Glenbrook and Waiuku Township and is positioned strategically to service the booming population growth in this area.
The service station and additional tenancies are situated on a 16,637sqm site that offers the successful purchaser additional value in the future to explore redevelopment options on the surplus land.