Fully Leased Multi-Tenanted Investment


Shops 1 and 2/59 New Windsor Road, New Windsor

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Fully Leased Multi-Tenanted Investment | Shops 1 and 2/59 New Windsor Road, New Windsor | 1691795 |      X Close
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Fully Leased Multi-Tenanted Investment


• Two shops on separate titles, each 60sqm (approximately)

• Diversified income of $40,000 + 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.

Shops 1 and 2/59 New Windsor Road, New Windsor

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