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Unit 700/1 Enfield Street, Mt Eden, Auckland City, Auckland, 0 Bedrooms, 0 Bathrooms, Retail Property

By negotiation

Unit 700/1 Enfield Street, Mt Eden, Auckland City, Auckland

24m2
Retail PropertyListed on Thu Jun 13

Mount Eden HIGH YIELDING INVESTMENT

• Returning $242,327 net 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 $242,327 net 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!

See this listing on Barfoot & Thompson

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Ref:4039053Last update:2024-07-23 04:24:38