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East Tamaki

B/272 Ti Rakau Drive, East Tamaki, Manukau

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433sqm Floor area

For Sale by Negotiation

Top Location - New 10 Year Lease


- Huge profile on busy Ti Rakau Drive with dual access
- Seismic rating 155% (A+) of NBS
- Well established bar and gaming lounge with 18 gaming machines
- Ten year lease from March 2017 with fixed rental reviews
- Returning $118,000pa + GST & Outgoings
- Floor area 443sqm approx, 9 car parks
- Recently refurbished

The property is a two storey retail unit fitted out as a bar and gaming lounge, with a self contained upstairs office. This well established complex is surrounded by a mix of commercial and retail businesses, that include Fruit World, Z Service Station and the newly opened Mercedes car dealership.

Ti Rakau Drive is the main road servicing the residential catchment of Pakuranga, East Tamaki and Botany. Passive tenanted retail / commercial investment with long term lease is not to be missed.

Tony Chaudhary

Tony Chaudhary


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Amy Weng

Amy Weng


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Janak Darji

Janak Darji


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

Features

Car parks


9

Location


Busy Ti Rakau Drive offering excellent exposure

Returning


$118,000pa + GST & Outgoings (fixed rental growth)