Unit 53/691 Manukau Road, Royal Oak, Auckland

Entry-Level Retail Investment

• Affordable freehold entry-level investment in the Royal Oak Shopping Mall
• Tenanted by Maverick Financial Services, an established insurance advisory company who have occupied the premises since 2020
• Net income of approx. $5,993pa + GST, renewed 4 year lease from October 2024
• GV of $75,000
• Mall Neighbours include PAK'nSAVE, McDonald's, ANZ, Subway and more

Offered to the market is an affordable freehold unit in the Royal Oak Shopping Mall. Tenanted by Maverick Financial Services, this Level 1 property of 45sqm is returning an approx. net income of $5,993pa + GST. The property is comprised of a front reception area, large meeting room (including a sink), and a rear office.

Royal Oak Shopping Mall is well-located in the heart of Royal Oak near Epson and One Tree Hill, close to 10 minutes drive to Auckland's CBD and close to 5 minutes from the Southern and Southwestern Motorways. This local mall consists of a mix of over 50 shops, and is open 7 days a week. Ample customer car parking is available, comprising 778 spaces, covered and uncovered, with main road access points along both Manukau Road and Mount Albert Road.

An excellent opportunity to acquire an entry-level tenanted investment with the benefit of an existing 4 year lease.