• Freehold standalone retail property with 335sqm (approximately) floor area and 883sqm (more or less) land area
• Modern construction featuring outstanding amenities completed in 2022
• Substantial tenant fit-out in a bustling centre with successful trading
• Weighted Average Lease Term (WALT) of 10 years
• Priced well below replacement value
• Structurally sound with a 100% plus NBS rating and multiple builder warranties still active
Welcome to a brand-new standalone retail space nestled in the thriving residential catchment of Takanini, Auckland. Constructed with modern amenities, this property presents an unparalleled investment opportunity.
Fully leased to three tenants, generating an annual net rent of $181,554pa + GST and OPEX. Fixed rent growth ensures a reliable income source.
Tenants have meticulously fitted out their shops and secured long lease terms, ensuring stable returns for discerning investors. The property boasts 100% safety rating and is backed by warranties from reputable builders, providing confidence to potential investors.
Positioned as the sole commercial entity in the thriving McLennan area, this property benefits from minimal competition and a dedicated customer base. With tenants' substantial investments in their spaces, owners can anticipate minimal maintenance responsibilities, guaranteeing hassle-free ownership. Abundant dedicated on-site parking ensures effortless access for both patrons and tenants.
Seize the opportunity to invest in this premier property today and unlock the potential for consistent income and long-term appreciation.
Don't miss out on this exceptional retail prospect!
Contact sole agents now for more information and to arrange a viewing.
Piyush Kumar
027 410 4750
Tony Chaudhary
021 995 121