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Albany

1/270 Oteha Valley Road, Albany, North Shore

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355sqm Floor area

For Sale by Negotiation

High profile investment with national tenant


Boasting a high socio-economic demographic, close proximity to the motorway, quality schools, Albany has become a major substantial shopping and retail zone within the north-western Auckland area. The property is situated at The Foundation, Albany nestled approximately 15 minutes from the Auckland CBD and just off the Northern Motorway. Any investors would love to secure this tenanted street facing commercial investment on Oteha Valley Road Albany. Highly desirable locality with kiwi beloved restaurant "Lone Star" as tenant since 2014.
• Street brand exposure on bustling Oteha Valley Road
• Sought after locality and rare restaurant investment opportunity
• Established national tenant - "Lone Star" with loyal client base
• Holding income of approximately $187,036 p.a.+ GST
• Exceptional accessibility to Westfield Albany, Albany Mega Centre, University, Sport Stadium, motorway and more
• Located within The Foundation - established dining and retail complex
• Ample of car parking
Call the Team today to arrange an inspection or for more information.

Quinn Ngo

Quinn Ngo

Commercial, Retail and Investment Sales and Leasing

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

Ranjan Unka

Director - Commercial

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
James Chan

James Chan

Director - Asian Markets

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

Features

Passing income


Long Lease since 2014. Returning $187,036 p.a.+ GST

Location


Situated at The Foundation Albany

Parking


Ample of common share car parks at The Foundation

Anchor tenants


Established national tenant - "Lone Star" with loyal client base

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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