3/142 Stancombe Road, Flat Bush, Manukau

Affordable investment in brand new retail complex

UNDER CONTRACT

• Growth location with new residential developments, schools and transport networks nearby
• Returning $46,144 plus GST and outgoings with built-in rental growth
• Dual access points with excellent exposure and ample car parking

One of six tenanted investments on offer in the new retail development at 142 Stancombe Road, Unit 3 is occupied by Hair Connection hair salon on a five year lease. Currently returning $46,144pa plus GST and outgoings with a personal guarantee in place, the lease also encompasses rights of renewal until 2031.

Benefitting from the significant growth of surrounding residential suburbs of Mission Heights, Flat Bush and Ormiston, the property is well positioned to take advantage of the high traffic flow and lack of competition in the area.

Contact the Sole Agents for further details

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

Geoff Wyatt
021 982 322
geoff.wyatt@bayleys.co.nz

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