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Henderson

349 Great North Road, Henderson, Waitakere

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220sqm Floor area
276sqm Land area SQM

Auction

(unless sold prior)

Retail Investment - 10 Year Lease


- Retail tenanted investment
- Currently returning $50,000pa (net) plus GST
- 10-year lease term from July 2016
- 276sqm freehold site with rear car parking
- Close proximity to WestCity Mall
- Onsite parking to rear
- Positive IEP Report

This tenanted retail investment represents a rare opportunity in today's market.

Located within the vibrant Henderson retail precinct and near WestCity Mall and a number of other high profile amenities, services and retail providers.

The two storey building which has been utilised as a dry-cleaning facility for a number of years, offers approximately 220sqm of floor area, with onside parking to the rear.

The tenant is a well-established and respected operator in this market segment and this location, with a renewed 10-year lease term commencing July 2016, and 2 yearly rent reviews.

An independent IEP evaluation has been conducted, resulting in a 70% IEP rating. Details are available on request.

The property is utilised as a retail service outlet and a regional processing centre by the tenant, Maxwell Dry Cleaners.

The property is to be sold by public Auction (unless sold prior)
11am, Wednesday 30th November 2016
4 Viaduct Harbour Avenue, Auckland

All viewings are strictly by appointment.

For further details contact the sole agents:

Mike Adams
021 977 527

Laurie Bell
021 949 032

Auction
(unless sold prior)

4 Viaduct Harbour Ave, Auckland

30

Nov

Time11am
Calander
Calendar
Mike Adams

Mike Adams


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Laurie Bell

Laurie Bell


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Car Parking


Onsite rear parking

Lease


New 10 year lease from July 2016

Returning


$50,000pa (net) plus GST