Shop 4/11 Tamariki Avenue, Orewa, Rodney

Entry level tenanted medical investment - Orewa

Well positioned 85sqm (approximately) ground floor retail unit located underneath The Nautilus Apartments in the centre of Orewa township.

On offer is this prime road front premises that has been tenanted by Bay Audiology since being built in 2007. This long-standing tenant has just renewed their lease for another three years, presenting a hands-off investment to both first time investors, or those looking for a passive investment to add to an existing portfolio.

Currently returning $40,500pa + GST and outgoings and has a final expiry 2031.

Features include:
• Modern retail unit situated in busy Orewa township
• 85sqm (approximately) of freehold strata property
• Renewed three-year lease returning $40,500pa + GST and outgoings
• Established and proven tenant, Bay Audiology, has occupied this space for 15 years

Established, quality investments in this entry level dollar bracket are a rare offering on the Hibiscus Coast, for any further information or to arrange a viewing,

Christopher Moore | 021 039 7099