290sqm
floor area
Income | Diversified income stream with three tenants, all on long-term leases |
Investment | Near-new high profile retail investment in the Botanica Apartment complex |
Location | Prime position at the heart of major growth near the Mt Eden CRL station |
• Near-new high profile retail investment in the Botanica Apartment complex
• Diversified income stream with three tenants, all on long-term leases
• Attractive total cashflow of $211,205 + GST p.a. with built-in growth
• Prime position at the heart of major growth near the Mt Eden CRL station
This fully leased retail investment comprises the ground floor of the Botanica Apartments; an award winning and Homestar 6-star rated complex completed in December 2017. Three tenants (Eden Bistro, Merchant Liquour and Kabistro) have taken long-term leases providing a net annual return of $211,205 + GST p.a. with built-in growth and guarantees.
The property's immediate catchment has grown drastically with it being centred amongst a number of new residential developments including Mountview Village, Miro Apartments, Eden Green plus others adding over 300 new Residences. Population growth will continue with more developments, such as the 40-unit Enfield Mt Eden apartments, nearing completion. Undoubtedly this growth has been spurred by proximity to the Mt Eden CRL station just a short walk away.
Rarely are investments of this calibre made available in this location. Call now to book your inspection.
Licensed under the REA Act 2008
Mobile: +64 21 479 882 |
Office: +64 9 375 7496 |
[email protected] |
Licensed under the REA Act 2008
Mobile: +64 21 412 166 |
Office: +64 9 309 6020 |
[email protected] |
290sqm
floor area
Income | Diversified income stream with three tenants, all on long-term leases |
Investment | Near-new high profile retail investment in the Botanica Apartment complex |
Location | Prime position at the heart of major growth near the Mt Eden CRL station |
30 Enfield Street, Mt Eden
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 479 882 |
Office: +64 9 375 7496 |
[email protected] |
Licensed under the REA Act 2008
Mobile: +64 21 412 166 |
Office: +64 9 309 6020 |
[email protected] |
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