Prime Cut Passive Investment


M/52 Oteha Valley Road, Albany

Auction

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Prime Cut Passive Investment | M/52 Oteha Valley Road, Albany | 378133 |      X Close
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Prime Cut Passive Investment


- Established tenant has occupied for 14 years

- Returning $114,000pa + GST + OPEX with two yearly market rent reviews

- New four + four year lease from 3rd December 2015

- Standalone retail of approximately 278sqm

In a bustling 13 unit retail complex completed in 2001, this unit is the pick of the block. With an elevated position and fronting a busy intersection of Oteha Valley Road, the property enjoys pride of place with terrific exposure. Having tenanted the premises since 2001, the sitting tenant is well established.

Strategically located close to the Northern Motorway, accessible to all parts of Auckland,amenities and public transport this area has great prospects for growth in the coming years. Seville Centre is an established commercial development with a large, high socio economic residential catchment.

Act swiftly to secure this rare bottom drawer investment!

For Sale by Auction (unless sold prior)

11am, Wednesday 2nd December 2015

Bayleys, Maritime Square

4 Viaduct Harbour Avenue

Auckland