- High profile Herne Bay investment that ticks all the boxes
- Fully leased to established tenant, returning $150,491.25 + GST p.a.
- Tightly held location in Auckland's highest value residential suburb
- Bottom drawer investment opportunity
Investors looking for a hands off commercial asset in an established and proven location look no further. This BP Service Station has approximately 4 years to run on a 10 year term, with further rights of renewal through to 2046. The property returns $150,491.25 + GST p.a. with rental growth provisions throughout the lease.
The property is situated on a high profile site on Jervois Road in Herne Bay, surrounded by a catchment of Auckland's highest value homes and most desirable real estate.
Passive investments of this quality seldom become available in the current market, particularly those in this price bracket. Call now for further information.