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Papakura

Unit H, 182 Great South Road, Papakura, Papakura

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185sqm Floor area

Retail Investment - Must Sell!!


Retail Investment\n\n- 8.5% yield \n- Ground floor restaurant/cafe of 185sqm\n- Roof top parking\n- Passive income\n- Returning $60,000 pa net\n\nBusy iconic South Auckland restaurant Boodles as tenant on a six year lease returning $60,000 pa net.\n\nThere are 18 gaming machines which are licensed to the premises.\n\nPrice quoted is plus GST (if any). Make an offer.

Asking Price NZ$700,000
Peter Migounoff

Peter Migounoff


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

Features

Building


Ground Floor Restaurant/Cafe of 185sqm

Passive Income


18 gaming machines that are licensed to the premises

Returning


Six year lease returning $60,000 pa net