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Flat Bush

7/142 Stancombe Road, Flat Bush, Manukau

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88sqm Floor area

Private Treaty

(unless sold prior)

Affordable, freehold modern investment


UNDER CONTRACT

• Well entrenched and established tenant, Beached As Takeaway, in occupation since construction in 2019
• Six year lease with rights of renewal until 2043
• Returning $45,490pa plus GST and Outgoings
• Dual access points with excellent exposure and ample car parking
• Ormiston-Flat Bush area continues to be an area of significant growth with major developments being undertaken nearby

Strategically positioned on a high profile corner site, the property is part of a unit titled development comprising of ten retail shops on the ground floor. Ample common open parking is provided within the complex. Within the subject development, the neighbouring tenancies include Hell Pizza, Laundromat, Dentist, Physio Moves, Hairdresser, Bubble Tea Cafe and a Chinese Restaurant. All have been established to serve the surrounding residential catchment.

With the area continuing to be the focus of significant growth over the next few years as a result of the major development of Ormiston Town Centre, passive affordable investments such as these are seldom available.

For further information, contact the Sole Agents today:

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

For Sale by Deadline Private Treaty
(unless sold prior)

2 Harris Road, East Tamaki

23

Aug

Time2pm
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Amy Weng

Amy Weng


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Geoff Wyatt

Geoff Wyatt


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Tony Chaudhary

Tony Chaudhary


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

Features

Car Park


Dual access points with excellent exposure and ample car parking

Location


Ormiston-Flat Bush area continues to be an area of significant growth with major developments being undertaken nearby

Tenanted Investment


Well entrenched and established tenant, Beached As Takeaway, in occupation since construction in 2019 with six year lease with rights of renewal until 2043