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• Prime retail investment on the busy Ponsonby Road
• Two ground level units totalling 44sqm (approximately)
• Great profile with street frontage
• Returning a combined $38,245.45pa + GST and outgoings
• Additional income of $12,840pa + GST from car parks
An opportunity to acquire a retail investment in the sought after and highly desirable city fringe suburb of Ponsonby, offering a great profile with street frontage.
Comprising of two units with intertenancy walls removed to accommodate one tenancy returning $38,245.45pa + GST and outgoings. Furthermore, the four secure basement carparks are fully leased providing an additional rental income of $12,840pa + GST.
The location offers convenient access to public transport links and motorway systems and is surrounded by well established businesses on the ever-bustling Ponsonby Road.
Properties in this tightly held precinct seldom become available and rare opportunities like this are not to be missed. Call today to arrange a viewing.
