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• Affordable high-profile Herne Bay investment that ticks all the boxes
• Established tenant, returning $70,000 + GST p.a. with bank guarantee
• Tightly held location in Auckland’s highest value residential suburb
• Top shelf passive investment opportunity with built-in rental growth
• Committed vendor, purchasing another property wants this sold! Don’t miss this opportunity!
Investors looking for a hands-off commercial asset in an established and proven location look no further. This affordable retail investment, leased to an established, well-known Australasian business has a new five-year lease with a further five-year right of renewal. The property returns $70,000 + GST p.a. with rental growth provisions throughout the lease.
It enjoys massive exposure with wide frontages to Jervois Road and John Street in Auckland’s prestigious Herne Bay. Passive retail investments of this calibre, particularly those in this price bracket, are tightly held – don’t miss this opportunity!
Call now for full information.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.21 km | 2 | 2 | -m2 | 2024年05月01日 | $2,650,000 | Council approved | |
 | 0.10 km | 3 | 3 | -m2 | 2023年12月13日 | $4,250,000 | Council approved | |
 | 0.11 km | 3 | 105m2 | 2023年11月29日 | $2,750,000 | Council approved | ||
0.30 km | 3 | 170m2 | 2023年11月22日 | $1,390,000 | Council approved | |||
0.32 km | 3 | 165m2 | 2023年11月08日 | $4,250,000 | Council approved |