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Remuera

32 Remuera Road, Remuera, Auckland

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55sqm Floor area

Auction

(unless sold prior)

Secure income opportunity in thriving Newmarket


• Well-established tenanted investment with strong track record
• Secure income stream with a fixed rental increase providing holding income of approximately $48,877pa plus GST and outgoings, upon renewal May 2024
• Strategic locality with unparalleled access to transport links and motorways

55sqm (more or less) of freehold strata unit ideally situated within a mixed-use development of the Newmarket train station. It benefits from high foot traffic along busy Remuera Road, close to the Broadway intersection. This location also enjoys a growing residential community with over 200 apartments in its immediate vicinity.

This offering presents an excellent opportunity for any investors seeking a reliable income stream in a vibrant and well-established Newmarket. Future owneroccupiers can hold for future use.

This property is ticking all the right boxes in term of locality, accessibility, connectivity as well as the tenant covenant.

Auction
(unless sold prior)

Bayleys House, 30 Gaunt Street, Auckland Central

5

Jun

Time11am
Calander
Calendar
Oscar Kuang

Oscar Kuang

Commercial Sales

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

Karen Yung

Commercial, Retail and Investment Sales and Leasing

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

Ken Hu

Commercial, Development and Investment Sales and Leasing

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

Features

Exposure


It benefits from high foot traffic along busy Remuera Road, close to the Broadway intersection.

Location


In heart of Newmarket

Passing income


Net Rental $48,877pa + GST with fixed rental increase

Opportunity


Well-established tenanted investment

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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