High profile building in Howick
• 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
geoff.wyatt@bayleys.co.nz
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz
• 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
geoff.wyatt@bayleys.co.nz
Amy Weng
021 177 3422
amy.weng@bayleys.co.nz