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Albany

A/49 William Pickering Drive, Albany, North Shore

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424sqm Floor area
24 Offstreet

Auction

(unless sold prior)

9 Year Lease - Ticks All The Boxes


- Iconic establishment in operation since 2001
- Nine year lease from September 2014 with guarantees
- Currently returning $123,360 + GST and OPEX with built in rental growth
- Property well located in the heart of Albany
- Building area 368.02sqm (approximately)
- Court yard 56sqm (approximately)
- Zoning Business Nine
- Car parks 24

Offered to the market for the first time, this well established road front investment truly does tick all the boxes and should be considered by all astute investors.
Located in the heart of the Albany business district, the immediate area comprises of a healthy mix of commercial and retail businesses supported by a substantial growing residential catchment.
Family trust cashes up - an opportunity not to be missed.

Auction (unless sold prior)
11.00am Wednesday
2nd December 2015
4 Viaduct Harbour Avenue
Maritime Square
Auckland

Auction
(unless sold prior)

292 Great South Road, Takanini

2

Dec

Time11am
Calander
Calendar
Ashton Geissler

Ashton Geissler


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Ranjan Unka

Ranjan Unka


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Damian Stephen

Damian Stephen


Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Building


Roadfront

Location


Prime

Rental


Built in growth

Tenancy


9 year lease