Parnell
393 Parnell Road, Parnell, Auckland
+7
Parnell investment opportunity
• 48sqm (approximately) freehold retail unit plus one secure carpark
• Fully leased to a single tenant on a 3+3-year term
• Hassle-free annual return of $32,000pa + GST net with fixed annual increases
• High-profile position on Parnell Road
• Tidy leased investment, sit back and enjoy the rental income
393 Parnell Road comprises a modern well-presented 48sqm (approximately) retail unit, plus one
secure carpark on busy Parnell Road. Secure your position in one of Auckland's
most prestigious city fringe suburbs with this well presented entry-level commercial
investment.
The property enjoys a 3+3 lease term returning a net rental income of $32,000pa +
GST with fixed 2.5% annual increases and a well-funded Long-Term Maintenance
Fund.
An ideal opportunity for astute investors seeking a modern, fully leased asset in a
prime location. Offering a reliable, low-maintenance income from day one - Investors should not miss this. Call now!
Kate Kirby
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Lease
$32,000pa + GST net with fixed annual increases
Location
High-profile position on Parnell Road
Lease term
3+3-year lease term
Floor area details
48sqm (approximately) freehold retail unit
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