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Unit 1/317 Ti Rakau Drive, Burswood, Manukau City, Auckland, 0 Bedrooms, 0 Bathrooms, Retail Property

$2,280,000

Unit 1/317 Ti Rakau Drive, Burswood, Manukau City, Auckland

570m2
Retail PropertyListed on Thu Mar 9
school zone

Burswood New 6+6+6 years Lease Bar & Restaurant Investment

• Unbeatable street exposure on bustling Ti Rakau Drive

• Bar and restaurant tenant returning approximately $174,240.00pa

• TAB racing & sports betting and gaming machines on site

• Superb opportunity for investors

• Ample of common parking

570sqm (more or less) of tenanted hospitality investment positioned on bustling Ti Rakau Drive in East Tamaki, East Auckland. Surrounded by a who's who of national retailers including Bunnings Warehouse, Warehouse Stationary, Auckland Marine, Target Furniture along with other food & beverage restaurant such as Genghis Khan. This unit certainly enjoys high volume of motor vehicle daily traffic. The strategic location is proximity to a vast range of community amenities and its connectivity to neighbouring commercial and residential catchment. Only less than 5 minutes drive to/from Botany Town Centre as well as other large format retailers including but not limited to Countdown, Kmart, Pak'nSave, The Warehouse in the area.

Tenancy Details

The current tenant - “Headin' Home Bar and Grill” not only offers food and beverages but also provide TAB racing & sports betting and gaming machines on site, providing a good holding income of approximately $174,240.00pa Further details are available upon request.

Location

Mortgage

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Ref:1695573Last update:2024-06-04 15:10:56