2 Robert Street, Ellerslie, Auckland

Prime freehold suburban investment

• Premier freehold standalone investment in the vibrant Ellerslie Village
• Fully leased providing an attractive cashflow of $850,000 plus GST p.a. (net)
• Home to Animates, Burger Fuel, Subway, law and dentistry tenants plus others
• Underpinned by a large landholding with multiple frontages and development intensive zoning, close to the Ellerslie Train Station

This is a rare opportunity to secure a modern and well-leased investment property which has been a proven performer. 2 Robert Street boasts a Weighted Average Lease term of circa 5 years and is anchored by a number of well-known brands. Most leases feature built in rental growth.

While you sit back and enjoy the cashflow consider the future development potential on offer. The site's size, in combination with its multiple street frontages and development intensive zoning creates a range of development options in the heart of the popular Ellerslie Village.