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Albany

16/8 Oracle Drive, Albany, North Shore

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162sqm Floor area

Prime hospitality investment in Albany


• New property settled in September 2023
• Food consented with gas, three phase power and grease trap
• Returning $84,456pa + GST and outgoings
• Located in a vibrate ‘Zero Vacancy' Radiance Centre

A newly completed restaurant premises within the prestigious Radiance Centre, settled in September 2023, is now available for acquisition.

This restaurant features 113.8sqm of internal dining space complemented by a 48.4sqm outdoor seating area. An experienced food operator signed Five (5) year lease commencing in August 2024 with built in rental bond, personal guarantor and market rental review.

The Radiance Centre is the latest expansion of the largest food and beverage precinct on the North Shore. The development is built on a visible elevated site in the rapidly growing Orchard Park Business Park, which is the home of a wide range of national and international tenants, including multiple major banks, law firms, childcare centres, Mitre 10, Olympus, Lion Foundation.

For Sale by Negotiation
Steven Liu

Steven Liu

Retail, Development and Investment Sales and Leasing

Bayleys Real Estate Ltd, North Shore Commercial,
Licensed under the REA Act 2008
Millie Liang

Millie Liang

Associate Director - Commercial Sales and Leasing

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

Features

Consents


Food consented with gas, three phase power and grease trap

Floor area details


162.2sqm(approximately) comprising of 113.8sqm indoor and 48.4sqm outdoor dining area

Lease


Returning $84,456pa + GST and outgoings

Location


Located in vibrate ‘Zero Vacancy’ Retail Centre with close proximity to motorway