Key features:
• Modern, three-level building with assured rent growth - both tenants have recently renewed their leases, reaffirming their commitment to this key location
• Passive and strong return of $555,753.04pa + GST and outgoings from two tenancies; Snap Fitness (24/7 Gym) and Te Pa (NGO Organisation)
• Massive profile in a thriving location with an approximate 23,000 vehicles passing daily
Situated in the heart of Royal Oak, 711 Mount Albert Road enjoys a prime position in one of Auckland's most well-connected suburban hubs. Proximity to Auckland CBD, train stations, Auckland Airport, is opposite Royal Oak shopping mall, and nearby key transport links and popular amenities, making it a strategic location for retail, hospitality, or service-based businesses.
Royal Oak is a well-established, vibrant, central commercial and retail precinct, home to major national and international brands, as well as a mix of local businesses catering to a diverse customer base.
This is a compelling opportunity for investors seeking a high profile bottom drawer investment in one of Auckland's most established and tightly held suburban retail-commercial precincts.
Tony Chaudhary
+64 21 995 121
tony.chaudhary@bayleys.co.nz
Sanjay Vaziranni
+64 20 594 15555
sanjay.vaziranni@bayleys.co.nz
2 Harris Road, East Tamaki, Auckland
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