• Returning $244,080 p.a. from an established operator
• High profile 3m x 8m digital billboard
• Long-term 5 + 5 year lease with built in rental growth
• Massive exposure to Mt Eden Road
Prominent positioning on the architecturally designed 1 Enfield Street complex, this high profile 3m x 8m digital billboard is secured by an established operator returning $244,080 per annum + GST.
This passive Freehold unit is further supported by a built in annual CPI increases on a long-term 5 + 5 year lease.
Fantastic location on the corner of Mt Eden Road and Enfield Street in close proximity to the Mt Eden train station, as well as a short drive to Mt Eden village and Westfield Newmarket.
Overall, a secure bottom-drawer investment with annual rental growth in a strong and emerging Mt Eden location – don’t miss out on this high-yielding investment opportunity!
For sale by deadline private treaty closing 2:00pm, Wednesday 10 July 2024 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).