• Highly sought-after Howick investment opportunity returning $74,140pa + GST and outgoings

• Affordable price point

• High profile site zoned Business Town Centre

• National tenant

Offered to the market for the first time in forty years. This is an opportunity to purchase a fee simple building on the southern side (aka the right side) of Picton Street with a national tenant returning $74,140pa + GST and outgoings.

Picton Street is the premier retail location in East Auckland with many national tenants and local business up and down the street receiving great support from a parochial, local population.

BNZ has occupied the property since 2010 renewing the lease for a further two (2) years in March 2022. There is one (1) further right of renewal of two (2) years in 2024.

Our vendor is a motivated seller and has instructed Bayleys to do so.

For more information, contact the agents below.

Geoff Wyatt

021 982 322

[email protected]

Amy Weng

021 177 3422

[email protected]