Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Herne Bay

47-55 Jervois Road, Herne Bay, Auckland

Watchlist
Share
531sqm Floor area

Auckland Portfolio Divestment


• The ultimate hands-off Herne Bay investment property
• Fully leased to established tenant, returning $165,916.55pa + GST
• Tightly held location in Auckland's highest value residential suburb
• Affordable trophy investment

They don't come more passive than this, especially in this tightly held and sought-after location. Already well established and proven in this location, the tenant has just been renewed for a brand-new five (5)-year term. The property sits proudly on Jervois Road, the main thoroughfare linking Auckland's most prestigious residential
suburbs to Auckland CBD.

Returning $165,916.55pa + GST with guaranteed fixed growth throughout the lease, this property is truly a set and forget investment that will provide steady and growing returns for years to come.

A rare opportunity to purchase an affordable asset in a multi-million dollar location. Call now for further information.

Due to a change in the vendor's circumstances, this property forms one of four portfolio properties to be sold individually, together or in any combination offered for sale by tender (unless sold prior).

Key features


Add value

Affordable trophy investment

Location

Tightly held location in Auckland’s highest value residential suburb

Lease

Fully leased to established tenant, returning $165,916.55pa + GST

Opportunity

The ultimate hands-off Herne Bay investment property

Need help with finance?

Vega

Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.