Wairau Valley
C/18 Link Drive, Wairau Valley, North Shore
Private Treaty
(unless sold prior)
Better than money in the bank
• Tenanted investment returning a net annual income of $130,000pa + GST
• Six year term from 2022
• Strategically positioned with great road appeal
For sale is a quality investment property of approximately 500sqm with 13 car parks providing an annual income of $130,000pa + GST.
The property is one of 21 units on a 1.8942-hectare site developed the early 1990s. Construction is concrete floors and walls with extensive glazing on the front walls. The grounds are landscaped and the body corporate is well-structured and funded.
Strategically positioned in the popular homeware precinct of Link Drive adjacent to Freedom Furniture and surrounded by entrenched national brand tenants including Spotlight, Target Furniture, Hoyts, Lighting Direct, Lighting Plus, ASB - amongst many others. The property also benefits from ease of access to motorway networks and is within a short distance to the Auckland CBD
29 Northcroft Street, Takapuna, Auckland
6
Jun
4pm
Trevor Duffin
Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Steven Liu
Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Passing Income
Annual return of $130,000pa + GST and outgoings
Lease term
Six years commenced 15th of February 2022
Parking
Thirteen (13) carparks
Location
Strategically positioned in the popular Link Drive precinct
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