31A Normanby Road, Mt Eden, Auckland

Strategic Mt Eden investment with long lease

• New seven-year lease to a well-established and entrenched national tenant
• Currently returning $310,619 + GST (net) p.a. with fixed annual rental growth
• Versatile property with 20 car parks in immaculate condition
• Strategic, tightly held location that is poised to benefit further from the completion of the City Rail Link

This versatile property occupies a prime corner position within the development and boasts a generous 851.7sqm of office, showroom and warehouse with 20 onsite car parks.

The property is leased to a well-established and heavily entrenched tenant with 40 years of industry experience. It forms part of a thriving design precinct, home to a number of well-known and complimentary brands. The long lease agreement and fixed annual rental growth ensures you will have peace of mind for years to come.

In addition to its impressive features and sought-after location, the property is also conveniently located near the City Rail Link. With the City Rail Link soon to be completed, this property is poised to become even more attractive to businesses and investors alike, making it a smart investment choice for the future.

Do not miss this chance to secure an exceptional investment property that offers both convenience and long-term potential.