Passive Investment with Long Term Lease


943 New North Road, Mt Albert

By Negotiation

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Passive Investment with Long Term Lease | 943 New North Road, Mt Albert | 1690463 |      X Close
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Passive Investment with Long Term Lease


• Passive Investment leasehold property in sought-after central Mt Albert

• 2 tenancies in place with ground floor occupied by Pizza Hut

• Contract income of $35,000 + GST p.a.

• Ground rental fixed until the year 2026

An opportunity to secure a 2-level investment in the sought-after Mt Albert suburb The 229sqm floor area leasehold parcel is well located, just a few minutes walking distance from Mt Albert Train Station, 15-minute drive to the CBD and within the recently upgraded town centre.

This property is ideal for an astute investor wanting to acquire an easily managed retail investment to their portfolio and an opportunity to add value in the near future.

943 New North Road, Mt Albert

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