CBRE is proud to have been exclusively appointed on behalf of the vendor to offer this affordable bite-size investment property to the market for sale.
On offer are two tenanted retail units situated within the Waimauku Village Centre complex combined into one title. This is a unique opportunity that will be attractive to first-time investors or investors looking to add stock to their existing portfolios or owner occupiers wanting to move their business into this tightly held local community shopping centre (after the expiry of the current tenancies).
The overall retail centre offers many retail services and is anchored by a local supermarket. Both units offer secure income to investors with a further right of renewal.
Waimauku has been transformed rapidly over the past few years and stands to be an area benefitting from the vastly growing West Auckland commercial and residential developments.
Key Features:
- Tightly held neighbourhood centre offers two retail units combined on one title
- Affordable price bracket for investors or owner occupiers wanting to move their business into the area (after the expiry of the current tenancies)
- Combined holding income of $44,466.53 p.a. gross
- Combined floor area of 190sqm (approx.)
For more information or to arrange a site visit please contact one of the sole agents below