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Manukau Central

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276sqm Floor area
2,000sqm Land area SQM
13 Offstreet

Auction

Investment with established Tenant


- Firmly established tenant on 6 year lease\n- Well known brand with 25 stores nationwide \n- Excellent cash flow of $105,556 + GST p.a. with built in rental growth\n- Large 2,000 sqmhigh profile site in growth location\n\n\nA superb freehold standalone commercial investment property providing a great cash flow. An attractive six year lease, which commenced in November 2011 is in place with two further rights of renewal of six years each.\n\nAA Auto Service and Repair are a well-known and respected company who have 25 sites across New Zealand and have been in operation for over 20 years. The site services the busy and growing Manukau City area, offering a convenient location which is both busy and easily accessed from the surrounding area.\n\n A large land holding of 2,000 square metres (more or less) includes surplus land to the rear which adds the opportunity for future development of this well located site.\n\nOpportunities to secure freehold standalone properties of this calibre seldom become available. This is your opportunity to sit back and enjoy the income. Call Now!\n

Auction

4 Viaduct Harbour Avenue

5

Dec

Time11am
Calander
Calendar
Cameron Melhuish

Cameron Melhuish


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Robert Farmer

Robert Farmer


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

Damien Bullick


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

Features

Cashflow


Returning $105,556 + GST p.a.

Established Tenant


6 Year Lease with 2 ROR

Location


High profile site in growth location