Affordable and passive investment


A3/136 Chapel Road, Flat Bush

Private Treaty

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Affordable and passive investment | A3/136 Chapel Road, Flat Bush | 1903104 |      X Close
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Affordable and passive investment


Key features:

• New four (4) year lease

• Returning $46,800pa plus GST and outgoings

• Established South Indian Bistro, Bar and takeaway

• Good car parking at the rear, on roadside and council park opposite

Part of a three-level mixed use development, Unit A3, 136 Chapel Road consists of 106sqm (more or less) net lettable area in a highly trafficked Flat Bush convenience centre. Well located amongst established tenants including a superette, bakery, dentist, and medical centre, the property is well supported by recent residential developments completed to support the growing residential catchment.

Returning $46,800pa plus GST and outgoings, the property is tenanted to Maya's South Indian Bistro on a new four year lease commencing October 2020 and is supported by rights of renewal until 2030 and built in rental growth. Perfect for entry level investors, Unit A3, 136 Chapel Road is not one to be missed.

For more information please contact:

Geoff Wyatt

021 982 322

geoff.wyatt@bayleys.co.nz

Amy Weng

021 177 3422

amy.weng@bayleys.co.nz

A3/136 Chapel Road, Flat Bush

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