• Brand new freehold commercial investment property
• New 10 year lease returning $86,710 + GST p.a.
• CBD position within the SugarTree Lane Commercial development
• Perfect passive investment opportunity
Grab this opportunity to purchase a modern, hands-off freehold retail unit. The property is fully leased on a 10 year initial lease term to 9 Round Fitness, returning $86,710 + GST p.a. making this a perfect affordable or first time commercial investment opportunity.
The property forms part of the SugarTree development, a newly completed Mixed Use apartment / commercial development which sits proudly in a prime position on Ponsonby Ridge in Auckland CBD. The development will be home to over 2,000 residents, which along with the established surrounding commercial and residential population should ensure this already popular precinct continues to flourish.
Call now for further information.
PU7/145 Nelson Street, Auckland CentralOpen in map