Grey Lynn investment: brand new six-year lease


2R/189-197 Great North Road, Grey Lynn

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Grey Lynn investment: brand new six-year lease | 2R/189-197 Great North Road, Grey Lynn | 1694359 |      X Close
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Grey Lynn investment: brand new six-year lease


- Modern, freehold investment in high profile Grey Lynn position

- New six-year lease, returning $171,930 + GST p.a. with guaranteed rental growth

- Established retail location surrounded by other multi-national retailers

- Comprises 335sqm freehold unit with six secure basement car parks

- The perfect passive investment opportunity in a sought-after location

Sitting proudly on a high profile position on the Great North Road ridge, this modern commercial investment is a must view for all passive investors looking for a well located hands off investment. The property offers a new six-year lease returning $171,930 + GST p.a.

Comprising the ground floor of a recently completed, luxury Mixed Use development, this 335sqm property offers a huge stud height with full height glazing, offering a big profile to the popular Great North Road in Grey Lynn.

This already established precinct is becoming even more popular with other international retailers moving in, along with numerous intensive residential apartment and terraced housing developments being developed.

A seldom available opportunity in a tightly-held location, don't miss this one - call now.

2R/189-197 Great North Road, Grey Lynn

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