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Herne Bay

158A Jervois Road, Herne Bay, Auckland

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61sqmĀ Floor area

Auction

(unless sold prior)

Committed vendor - Herne Bay retail investment


ā€¢ Affordable high-profile Herne Bay investment that ticks all the boxes
ā€¢ Established tenant, returning $70,000 + GST p.a. with bank guarantee
ā€¢ Tightly held location in Auckland's highest value residential suburb
ā€¢ Top shelf passive investment opportunity with built-in rental growth
ā€¢ Committed vendor, purchasing another property wants this sold! Don't miss this opportunity!

Investors looking for a hands-off commercial asset in an established and proven location look no further. This affordable retail investment, leased to an established, well-known Australasian business has a new five-year lease with a further five-year right of renewal. The property returns $70,000 + GST p.a. with rental growth provisions throughout the lease.

It enjoys massive exposure with wide frontages to Jervois Road and John Street in Auckland's prestigious Herne Bay. Passive retail investments of this calibre, particularly those in this price bracket, are tightly held - don't miss this opportunity!

Call now for full information.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland

8

Mar

Time11am
Calander
Calendar
Matt Bayley

Matt Bayley


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

James Were


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

Features

Location


Tightly held location in Aucklandā€™s highest value residential suburb

Occupancy


Fully leased to established tenant, returning $70,000 + GST p.a.

Opportunity


Bottom drawer investment opportunity

Standalone


High profile Herne Bay investment that ticks all the boxes