• Returning $46,280 net p.a. to an established barber shop
• Freehold 68m² unit with a secure on-site car park
• Long term six year lease with built in rental growth
• High profile corner positioning
Located on the ground floor of the architecturally designed 1 Enfield Street complex, this premium ground floor investment property is secured by a long-standing and established barber shop returning $46,280 net per annum + GST.
This passive asset is further supported by a built in two yearly reviews on a long-term six year lease with further rights of renewal. Featuring an open-plan fitout with excellent natural light, polished concrete floors, and high-profile corner positioning. Also included is a secure on-site car park.
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 good rental.
For sale by deadline private treaty closing 2:00pm, Wednesday 10 July 2024 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).