Albany
1/270 Oteha Valley Road, Albany, North Shore
+16
High profile investment with national tenant
Boasting a high socio-economic demographic, close proximity to the motorway, quality schools, Albany has become a major substantial shopping and retail zone within the north-western Auckland area. The property is situated at The Foundation, Albany nestled approximately 15 minutes from the Auckland CBD and just off the Northern Motorway. Any investors would love to secure this tenanted street facing commercial investment on Oteha Valley Road Albany. Highly desirable locality with kiwi beloved restaurant "Lone Star" as tenant since 2014.
• Street brand exposure on bustling Oteha Valley Road
• Sought after locality and rare restaurant investment opportunity
• Established national tenant - "Lone Star" with loyal client base
• Holding income of approximately $187,036 p.a.+ GST
• Exceptional accessibility to Westfield Albany, Albany Mega Centre, University, Sport Stadium, motorway and more
• Located within The Foundation - established dining and retail complex
• Ample of car parking
Call the Team today to arrange an inspection or for more information.
Quinn Ngo
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Ranjan Unka
Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
James Chan
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Anchor tenants
Established national tenant - "Lone Star" with loyal client base
Location
Situated at The Foundation Albany
Parking
Ample of common share car parks at The Foundation
Passing income
Long Lease since 2014. Returning $187,036 p.a.+ GST
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