177 Symonds Street, Eden Terrace, Auckland City, Auckland

177 Symonds Street, Eden Terrace, Auckland City, Auckland Bustling Eden Terrace location for investment

Located on Symonds Street and surrounded by a variety of commercial services, 177 Symonds Street offers a high profile and traffic count position with its proximity to the Newton Road, Khyber Pass, and Mt Eden Road junction. Access to two on-site car parks is via Stable Lane which entered from Newton Road.

The unit provides a separate approx. 47m² single bedroom residential flat upstairs, accessed from Stable Lane, is located within Auckland Grammar School zone. The residential flat is on a periodic tenancy agreement returning $24,440 per annum inclusive GST with one car park.

The approx. 76m² retail space on the ground floor boasts strong foot traffic and high exposure. The retail space is currently used as a café/restaurant, with a current rental of $26,520.00 + $2,600.00 (one car park), totaling $29,120.00 + GST. The tenant pays 70% of the outgoings being approx. $7,343.30 + GST.

KEY FEATURES:

*123m² retail & residential offering

*Freehold unit title

*Two car parks included with the unit

*The owner will pay 30% of the Rates and Body Corp fee. Fixed-term tenancy ends 16/8/2024

*Retail tenant currently pays approx. $29,120.00 + GST + outgoings

Why delay! Call Edward Ching at 0800EDWARD or 021 022 73738 for more information.