• Fully leased freehold investment in Auckland's tightly-held Britomart Precinct
• Long-standing tenant has just renewed until 9 August 2029 (ROR follows)
• Returning $93,800 + GST p.a. increasing to $103,800 + GST p.a. in August
• A rare and affordable opportunity in this vibrant waterfront precinct
Investments in Britomart are rare, particularly those that are freehold and affordable. Don't miss this opportunity.
The property comprises a high-profile ground-floor retail premises with huge street frontage. It has a strategic position in Auckland's Britomart Precinct, a vibrant location dominated by beautiful character architecture and home to major corporates, a range of boutiques, bars and cafes and the Britomart Train Station.
Understandably, the current tenant has remained cemented in this position since 2011 while the Britomart Precinct has undergone significant rejuvenation. There is genuine rental growth to be taken advantage of and built-in rental growth to follow.
This is one for long-term hold.
Call the sole agents to avoid missing out on this opportunity.
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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