ENTRY-LEVEL RETAIL INVESTMENT


4, 5 and 7/27-33 Mokoia Road, Birkenhead

By Negotiation

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ENTRY-LEVEL RETAIL INVESTMENT | 4, 5 and 7/27-33 Mokoia Road, Birkenhead | 1683203 |      X Close
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ENTRY-LEVEL RETAIL INVESTMENT


- Three separate freehold strata units for sale - buy 1, 2, or all 3!

- Located next to the Highbury Mall pedestrian entrance on Mokoia Road

- Split risk investment with multiple tenant portfolio and a vacant shop

- Affordable retail investment in the heart of Highbury with high traffic exposure

Asking Price:

Unit 4 (Vacant) : $480,000

Unit 5 (The Kebab takeaway) : $500,000

Unit 6 (Dry Cleaning): $380,000

The investment represents a fantastic opportunity to acquire two units with established tenants consisting of a dry-cleaner and kebab takeaway. A third vacant unit provides an owner occupier or add value option for the successful purchaser.

Birkenhead Town Centre has undergone significant rejuvenation in the past few years as a result of a robust zoning overhaul and council investment into new projects such as the Le Roys Bush,with cafes and a library within close proximity to the property. With established tenants and value to be added through future growth, this is a rare opportunity to secure an affordable investment in the heart of Birkenhead.

The kebab takeaway and dry-cleaning business are currently returning $24,000 + GST and $18,942 + GST respectively. The kebab takeaway has a lease term of 5 + 5 + 5 with a commencement date of the 8th of April 2015. The dry-cleaners has a lease term of 2 + 2 +2 with a commencement date of the 1st of October 2016. Full tenancy details are available upon request.

Owen Ding

Auckland Central

Licensed under the REA Act 2008

Mobile: +64 27 565 0099
Office: +64 9 309 6020
owen.ding@bayleys.co.nz
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Michael Nees

North Shore Commercial

Licensed under the REA Act 2008

Mobile: +64 21 182 3085
Office: +64 9 489 0963
michael.nees@bayleys.co.nz
View profile

Oscar Kuang

Auckland Central

Licensed under the REA Act 2008

Mobile: +64 21 609 429
Office: +64 9 309 6020
oscar.kuang@bayleys.co.nz
View profile

4, 5 and 7/27-33 Mokoia Road, Birkenhead

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Owen Ding

Auckland Central

Licensed under the REA Act 2008

Mobile: +64 27 565 0099
Office: +64 9 309 6020
owen.ding@bayleys.co.nz
View profile

Michael Nees

North Shore Commercial

Licensed under the REA Act 2008

Mobile: +64 21 182 3085
Office: +64 9 489 0963
michael.nees@bayleys.co.nz
View profile

Oscar Kuang

Auckland Central

Licensed under the REA Act 2008

Mobile: +64 21 609 429
Office: +64 9 309 6020
oscar.kuang@bayleys.co.nz
View profile