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Pt Chevalier

1112 Great North Road, Pt Chevalier, Auckland

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140sqm Floor area
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Motivated vendor - liquor investment


• Motivated vendor demands sale!
• Established tenanted investment with long term lease in place
• Leased to The Liquor Store occupying a ten year lease from April 2021
• Returning approximately $99,000pa plus GST and outgoings
• Close proximity to State Highway 16, key public transport networks and strategically positioned amongst well known national and international tenants
• Offered to the market is a 140sqm (more or less) tenanted investment situated in a fundamental commercial complex in Pt Chevalier that houses the likes of Burger Fuel, Bakers Delight, Shosha, Local Butcher and more.

The Liquor Store occupies two separate units being a road front retail and a warehouse unit (both units to be sold separately). The liquor retail is currently returning $99,000pa (approx.) plus GST and outgoings and has been operating as a liquor shop for over ten years. The tenant also occupies a 154sqm (more or less) warehouse positioned on the righthand side of the complex returning $40,000pa (approx.) plus GST and outgoings, both units have a ten year lease in place from April 2021 and are to be sold individually.

This property presents a perfect opportunity for investors and astute investors wanting to further diversify their portfolio.

For a virtual tour of 1112 Great North Road please refer here: https://my.matterport.com/show/?m=LQMMeN6hmZD

For further information, contact the SOLE agents today

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

Jordan Brown
021 144 9825
jordan.brown@bayleys.co.nz

Asking Price NZ$1,885,000 + GST (if any)
Tony Chaudhary

Tony Chaudhary


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Jordan Brown

Jordan Brown


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Paul Dixon

Paul Dixon


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Buy one or all


To be sold separately

Strategic location


Close to State Highway 16

Three options


Tenanted investments with established occupiers