Passive investment opportunity
• Exceptional tenant covenant
• Brand new long term lease with built in growth and bank guarantee
• New Refurbishment and upgrade
• Well-established shopping centre with ample customer parking
• Total net income $140,200+GST p.a.
• IEP: 100%NBS
This property ticks all the boxes for an investors who is looking for a solid yet true hands off investment. Recently refurbished and a new long term lease, plus a strong tenant covenant in a popular and growing retail destination in Auckland.
Located on the corner of Universal Drive and Lincoln Road, only 3km from the State Highway 16 motorway interchange, with daily passing traffic around 42,000 vehicles.
• Brand new long term lease with built in growth and bank guarantee
• New Refurbishment and upgrade
• Well-established shopping centre with ample customer parking
• Total net income $140,200+GST p.a.
• IEP: 100%NBS
This property ticks all the boxes for an investors who is looking for a solid yet true hands off investment. Recently refurbished and a new long term lease, plus a strong tenant covenant in a popular and growing retail destination in Auckland.
Located on the corner of Universal Drive and Lincoln Road, only 3km from the State Highway 16 motorway interchange, with daily passing traffic around 42,000 vehicles.