6% Investment: Fully Leased Multi-Tenanted
• Two shops on separate titles, each 60sqm (approximately)
• Diversified income of $40,600 + GST p.a. (net) from two established tenants
• Neighbourhood Centre zoning permits a wide range of uses (max height 13m)
• An affordable, split-risk, suburban retail investment
These two charming little retail shops are contained in their own individual cross lease titles and combine to provide a 1/2 share of a 658sqm (more or less) freehold site and approximately 120sqm of lettable area.
Benefitting from a north-facing aspect and good street parking right by the front door, the favourable Business - Neighbourhood Centre zoning permits a wide range of uses and also provides development potential up to 13m, including residential.
Fully leased to two separate and well-established, local businesses. One is a hair salon, the other is known as 'The Fish and Chippery', one of their four restaurants around Auckland.
A great entry point (or addition) to your commercial property portfolio.
• Diversified income of $40,600 + GST p.a. (net) from two established tenants
• Neighbourhood Centre zoning permits a wide range of uses (max height 13m)
• An affordable, split-risk, suburban retail investment
These two charming little retail shops are contained in their own individual cross lease titles and combine to provide a 1/2 share of a 658sqm (more or less) freehold site and approximately 120sqm of lettable area.
Benefitting from a north-facing aspect and good street parking right by the front door, the favourable Business - Neighbourhood Centre zoning permits a wide range of uses and also provides development potential up to 13m, including residential.
Fully leased to two separate and well-established, local businesses. One is a hair salon, the other is known as 'The Fish and Chippery', one of their four restaurants around Auckland.
A great entry point (or addition) to your commercial property portfolio.