11/177 Millwater Parkway, Silverdale, Rodney

New five year lease term

- Brand new 5 year lease term to experienced operator returning $45,150pa + GST
- Modern complex developed by Broadway Property Group in 2015
- Millwater location servicing a large residential catchment

Fresh to the market Unit 11, 177 Millwater Parkway comprises a well presented modern unit in a sought-after and tightly held development in the Auckland suburb of Millwater.

Boasting a new 5 year lease with fixed rental growth the asset presents a quality, "bank friendly" offering and a passive bottom draw investment. The tenant has significant experience running a specialty food business and the considerable fit out that has gone into the tenancy will become the ownership of the next landlord. Situated in the suburb of Millwater in Auckland's North the area has a shortage of commercial amenity to service the 1800 brand new homes.

Quality offerings in this price bracket are extremely rare and offer an entry level investor a sound, affordable investment.