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This quality and affordable investment is located midway along Takapuna's popular Anzac Street; a strip of retail that has long been a destination choice for a large number of branded retailers. The opportunity now exists for an investor to secure a piece of the action. Owned by the current vendors for over 17 years with long-standing tenants both having recently renewed their leases, this represents an excellent investment opportunity. Standing on a Freehold land parcel of 260m², the two shops combined produce a net income of $92,000 per annum + GST.
The property is a short walk to Takapuna Beach situated amongst a condensed strip of hospitality, retail, commercial services, and convenience shopping along one of the main thoroughfares in Takapuna. Retail properties along Anzac Street are highly sought-after and typically remain tightly held with extremely limited vacancies coming on the market.
KEY FEATURES:
• Land area 260m² (more or less)
• Superbly located in Takapuna's premium retail strip
• Returning $92,000 per annum + GST
• Recently renewed long-term leases with growth
• Longstanding well established and popular businesses
• Motivated vendor willing to meet the market
This is a rare opportunity that meets all the criteria for an affordable investment with excellent fundamentals in a sort after location and we look forward to your interest.