Offlined
A fantastic opportunity of an affordable retail investment offered to the market for the first time in 20-years. Positioned on one of West Auckland’s busiest roads, this property is tenanted by the long-standing Hot Dollar which has been trading for more than two decades in the area. Returning $55,000pa plus GST and outgoing.
The subject property comprises of ground floor retail premises with road frontage exposure measuring 160sqm (more or less). The unit has handy parking out front and well located on Lincoln Road with excellent exposure. The development comprises of ten separate units which was constructed in the late 1980’s. The neighbouring properties housing big brands including KFC, St Pierre’s, Westpac Bank, Supercheap Auto and more. Other major retailers which are close by includes Pak n Save, Mitre 10 Mega and Countdown.
This investment opportunity offers the perfect blend of history, stability and add value opportunity at a very well-established retail precinct.
Key features
• Well-established retail business for more than two decades
• Floor area 160sqm (more or less) with ample car parks
• No vacancies in this retail precinct
This investment opportunity offers the perfect blend of history, stability and add value opportunity at a very well-established retail precinct.
Call now for more information!
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 3 | 2 | -m2 | Year 2024 Month 04 Day 01 | - | Council approved | |
 | 0.28 km | 6 | 170m2 | Year 2024 Month 03 Day 14 | $1,226,000 | Council approved | ||
 | 0.01 km | 2 | 1 | -m2 | Year 2024 Month 02 Day 01 | $622,000 | Council approved | |
 | 0.12 km | 3 | 1 | 0m2 | Year 2024 Month 02 Day 01 | $650,000 | Council approved | |
 | 0.45 km | 3 | 2 | -m2 | Year 2024 Month 01 Day 01 | $890,000 | Council approved |