9% Plus freehold yield


1E The Concourse, Mangere

Asking Price NZD $1,400,000 + GST (if any)

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9% Plus freehold yield | 1E The Concourse, Mangere | 1901610 |      X Close
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Description

9% Plus freehold yield


• Fully licensed gaming bar & lounge with 18 gaming machines

• Solid rental growth

• Town centre location

• Returning $126,880pa net

Calling all yield chasers on a budget! This rare opportunity to secure a freehold, town centre commercial investment at an affordable price bracket and impressive return is not one to be missed.

Located in the heart of Mangere Town Centre, the property has 18 gaming machines and is the only licensed premises in the Town Centre, enjoying excellent patronage.

The property is well positioned on the first floor with dual access and generous parking above retail shops. Surrounding amenities include a library and medical centre as well as Countdown and McDonalds.

Nelson Raines

021 555 673

nelson.raines@bayleys.co.nz

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

1E The Concourse, Mangere

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