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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
Piyush Kumar

Piyush Kumar


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