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190sqm Floor area

Affordable Retail Investment - Eight Year Lease


-Eight year lease currently returning $54,000pa + GST (net) with built in rental growth
-Modern building completely redeveloped in 2013 with ample on site carparking
-Neighbouring tenants include Coffee Club, Pita Pit, Tank Juice, Anytime Fitness (all recently sold), Burger king and Subway/Caltex
-Last investment offering in this retail strip

Situated just off Pakuranga Road, the well established Highland Park Shopping Centre enjoys a high volume traffic flow with a wide residential and commercial catchment area. The recent redevelopment of the property has attracted long term tenants creating fantastic investment opportunities.

This affordable opportunity is the last investment left and must be sold.

By Negotiation
Sunil Bhana

Sunil Bhana


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Geoff Wyatt

Geoff Wyatt


Bayleys Real Estate Ltd, South Auckland,
Licensed under the REA Act 2008
Quinn Ngo

Quinn Ngo


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

Features

Floor area


190sqm

Net rental


$54,000.00 + GST

Right of renewal


Two (2) of eight (8) years