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Royal Oak

Unit X/691 Manukau Road, Royal Oak, Auckland

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175sqm Floor area

Auction

(unless sold prior)

Affordable investment with national tenant


• High profile corner position with dual frontage to Manukau Road and Royal Oak Mall
• National tenant Whitcoulls occupied the premises since circa 1995
• Neighbours including Pak N Save, McDonald's, ANZ Bank, Wendy's, OPSM and more

Offered to the market is a freehold retail investment well situated in the Royal Oak Shopping mall. Occupied by Whitcoulls, the property receives dual exposure, with a wide frontage along Manukau Road as well as inside the mall. One the longestrunning businesses in Royal Oak mall, Whitcoulls is a major national retailer with 51 stores across the country, having been originally founded 130 years ago.

Royal Oak Shopping mall is well-located in the heart of Royal Oak near Epsom and One Tree Hill, close to 10 minutes drive to Auckland's CBD. Recently refurbished, the mall consists of circa 68 shops, open 7 days a week. Ample car parking is available, comprising 778 spaces, covered and uncovered, with main road access points along both Manukau Road and Mount Albert Road.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

7

Jul

Time11am
Calander
Calendar
Owen Ding

Owen Ding


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
James Chan

James Chan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

IEP


71%NBS

Net Rental


$50,000 pa + GST

Opportunity


Affordable Investment

Tenant


National tenant Whitcoulls

Term of Lease


4 years from October 2020