Situated in the West Auckland suburb of Henderson this tidy retail unit, occupying a high profile Lincoln Road position represents a fantastic investment opportunity for an entry level investor or an addition to an existing portfolio. The tenant has been in occupation for over ten years and has occupation rights through to 2027 (subject to renewals being exercised).
The area is undergoing significant residential and commercial growth as a result of its convenient location in relation to Auckland's motorway networks. The property is well positioned to benefit from this growth given its locality and with build cost of comparable properties setting new benchmarks makes for an affordable sustainable return.
Features
- Annual rent income: $36,409pa + GST
- National Tenant Peaches and Cream
- IEP 100% NBS
- Booming growth area
Call the Sole Agents today to discuss.