R/18 Link Drive, Wairau Valley, North Shore City, Auckland

R/18 Link Drive, Wairau Valley, North Shore City, Auckland Good bite-sized investment

On offer is a mixed use investment property with an established tenant, returning a net income of $76,000pa + GST and outgoings.

The tenant has been in occupation since March 2020 and has renewed the lease until March 2026. CPI rent reviews every two years.

Strategically positioned in the bustling retail area of Link Drive amongst well established and entrenched national brand tenants including Hoyts, Freedom, Number One Shoes. Target, Spotlight amongst many others, the property also benefits from ease of access to motorway networks and is within a short distance to the Auckland CBD.

Features include:

• Tenant has renewed for another three years from the 1st of March 2023

• Net annual return of $76,000pa + GST and outgoings

• Two yearly rent reviews to the movement of the Consumer Price Index