Parnell affordable retail investment


Unit E/385 Parnell Road, Parnell

Private Treaty

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Parnell affordable retail investment | Unit E/385 Parnell Road, Parnell | 1693085 |      X Close
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Parnell affordable retail investment


β€’ High profile entry level retail in vibrant Parnell

β€’ Freehold strata title with two secured covered car parks

β€’ Tenanted investment returning $30,720 pa. + GST net

Units such as this rarely come up for sale in Parnell. The unit comprises a 54sqm ground floor configuration including kitchenette and bathroom facilities, as well as two secure on-site car parks. Located along Parnell road, this location benefits heavily from high levels of foot and car traffic.

The surrounding units in the development are a mixture of retail on the ground level with frontage to Parnell Road while residential accommodation is above.

In summary, this is an affordable, well presented and versatile retail property.

Property Details

Floor Area 54sqm (more or less)

Car Parks Two secured covered car parks

Tenancy Details

Name of Tenant Shuya Limited trading as clothing alternation workshop

Term of Lease Initial terms of 3 years from 10 March 2021

Net Rental $30,720 pa. + GST with full details available upon request

Oscar Kuang

Auckland Central

Licensed under the REA Act 2008

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Nicolas Ching

Auckland Central

Licensed under the REA Act 2008

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James Chan

Auckland Central

Licensed under the REA Act 2008

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Unit E/385 Parnell Road, Parnell

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Oscar Kuang

Auckland Central

Licensed under the REA Act 2008

View profile

Nicolas Ching

Auckland Central

Licensed under the REA Act 2008

View profile

James Chan

Auckland Central

Licensed under the REA Act 2008

View profile