PU1/509-517 Ellerslie-Panmure Highway, Mt Wellington, Auckland

Ten year lease - international branded tenant

• International fitness studio Orangetheory as tenant
• Brand new building with a floor area of 251sqm (approx.)
• Neighbouring tenancies include - St Pierres Sushi, McDonalds, Lola Cafe, Ray White etc.
• High profile corner with main brand tenants in the area, returning $113,013 per annum plus GST and outgoings

With two locations in Auckland already and more to come, Orangetheory fitness studio is an international chain of gyms. The property itself is newly constructed on a high profile corner facing Ellerslie - Panmure Highway and Mt Wellington Highway amongst well known branded tenants. Investors looking for a long term tenanted investment with fixed annual rental reviews should not over look this opportunity.

This investment ticks all the boxes - new building, branded neighbouring tenants, and a strategic corner site close to public transport networks.

To be sold by Auction (unless sold prior)
11am, Wednesday 11th March 2020
Bayleys House 30 Gaunt Street, Auckland Central

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Janak Darji
021 047 1290
janak.darji@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz