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300sqm Floor area
2 Offstreet

Superior CBD Retail Investment


* Total combined net rental of $132,691 pa + GST from multiple income streams\n* High profile freehold property located in the heart of Auckland's CBD\n* Total floor area of 262sqm, tenanted by The Coffee Club (227sqm) and Prosper (35sqm)\n* 2 secure car parks, with 1 leased to The Coffee Club and the other rented out since 2010\n\nSituated along the popular, upmarket High Street, this retail unit holds a prized position with great pedestrian exposure. The property is located on the ground floor of the iconic Metropolis building, New Zealand's tallest apartment building with over 350 apartments. \n\nThe Coffee Club has more than 340 cafes globally with 48 in New Zealand. Founded in 1989, this well-renowned business has been in New Zealand for 8 years, establishing a strong foothold in the hospitality industry. Prosper is a fashion store that has occupied part of the premises since 2010, providing a unique range of modern, stylish clothing. \n\nThis prime location offers exceptional convenience and great locality to all areas within Auckland's CBD, in addition to the fringe suburbs. Strong consideration must be given for this fantastic opportunity, a secure long-term hold.

Auction

4 Viaduct Harbour Ave, Maritime Square, Auckland

5
Mar

Time11am
Calander
Calendar
Matt Lee

Matt Lee


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
James Chan

James Chan


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008

Features

Car parks


Two

Floor area


262 sqm

Location


Upmarket High Street

Prosper


Returning $35,291pa + GST with new 4 year lease term from 2013

The Coffee Club


Returning $95,000pa + GST with new 10 year lease from 2013