- Approx Floor Area: 447 sqm
- Property Type: Retail
-
Approx Floor Area
- Retail Square Metres: 447
- Property Features: Four self-contained Tenancy areas Stand-alone property in the heart of Takapuna
- Tenure: Fee Simple
- OPEX $: 33000
- Tenancy 1: Area Sqm: 140.4, Commencement Date: 07 October 2015, Expiry Date: 06 October 2023, Rental net/gross p.a.: 59,726 + 31% opex, Rights of Renewal: 3 x 3 years, Tenant Name: Liquor Spot, Term (years): 3 years
About this listing
FOR SALE;
Purchase this investment then sit back and enjoy the income while the management company takes care of the rest. Cost of management company is recovered in tenant outgoings.
The management company looks after all tenant queries, lease renewals, rent reviews, assignments etc. All you would do is approve any changes they are proposing.
Situated in the heart of Takapuna is this freehold, standalone, single level, multi tenanted investment opportunity with the Auckland Unitary Plan offering multi story re-development potential. This is one not to miss out on.
An approx total tenancy area of 447m² over four self-contained tenancies with a combined net return of $163,735.00 plus GST per annum. Land area is 528m² more or less.
All outgoings are paid by the tenants.
Investment opportunities with risk spread over four tenancies are rare to find in Takapuna's CBD.
Call now to confirm a time to view this property.
Purchase this investment then sit back and enjoy the income while the management company takes care of the rest. Cost of management company is recovered in tenant outgoings.
The management company looks after all tenant queries, lease renewals, rent reviews, assignments etc. All you would do is approve any changes they are proposing.
Situated in the heart of Takapuna is this freehold, standalone, single level, multi tenanted investment opportunity with the Auckland Unitary Plan offering multi story re-development potential. This is one not to miss out on.
An approx total tenancy area of 447m² over four self-contained tenancies with a combined net return of $163,735.00 plus GST per annum. Land area is 528m² more or less.
All outgoings are paid by the tenants.
Investment opportunities with risk spread over four tenancies are rare to find in Takapuna's CBD.
Call now to confirm a time to view this property.
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