591 Remuera Road, Remuera, Auckland

Trophy Upland Village Investment

TENDER BROUGHT FORWARD
Tender Close 12.00pm, Monday 17th July 2017


- Premier Upland Village investment opportunity
- Fully leased providing attractive cash flow of $65,839 + GST p.a.
- Income underpinned by long-standing medical tenant
- Family trust sells after long term ownership
- Investments of this calibre are scarce - do not miss this
- Recent IEP report shows building is non earthquake prone

591 Remuera Road is a bottom drawer investment that you will be proud to own. Perhaps one of the most attractive attributes of this property is its high profile position in the Upland Road Shopping Village, a boutique commercial precinct surrounded by some of Auckland's most established residential suburbs including Remuera, Meadowbank and St Johns.
The Upland Village comprises of a number of character buildings with profile ground floor retail and office or residential uses above. Retail is predominately service retail with a number of long standing tenants including Harvey Furnishings, Upland Cafe, Dominos, Shahi, Burger Wisconsin, Jasmine Rice and The Corner Bar. Lumino the Dentist & Cranwell's Pharmacy both call the Upland Village their home as well.
Built in 1973, this 157 square metre property is fully leased providing an attractive cash flow of $65,839 + GST p.a. This is underpinned by the Remuera Village Medical Centre which has been the ground floor tenant and has been in the Village since 1960 (over 50 years!). Recent rental valuations support rental growth and this proven performer is not to be missed.
An investment you will be proud to add to your portfolio, call us now for full information.

Genevieve Thompson-Ford
021 022 07672

Andrew Wallace
021 148 7679

Cameron Melhuish
021 479 882