PU2/509-517 Ellerslie-Panmure Highway, Mt Wellington, Auckland

Premium split risk investment - Ray White & Physio

• Two well established brands Ray White & Physio Connect as tenants
• New building in strategic Mt Wellington
• Long term leases with fixed annual rental growth
• Combined floor area of 240sqm (approx.)
• Returning a combined income of $125,900pa +GST & Outgoings (approx.)

A very rare and quality split risk investment in the strategic location of Mt Wellington. Being recently developed by Argyle Estates, this property should entice investors looking for the ultimate passive investment with diversified income streams.

Branded tenants include Ray White and Physio Connect both with branches throughout Auckland and should further generate investor confidence not only in the property but the location as well.

Being amongst branded tenants that include Mc Donald's, St Pierres Sushi and Orangetheory Fitness, investors should take advantage of infrastructural upgrades and residential growth occurring in the near vicinity. Furthermore, the site is underpinned by a lack of new retail within Mt Wellington itself and split risk investments of this nature should not be missed. A brand new building that should satisfy the most astute investor.

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