92-98 Frederick Street, Hillsborough, Auckland City, Auckland

92-98 Frederick Street, Hillsborough, Auckland City, Auckland 4 TENANTED SHOPS ON SINGLE FREEHOLD TITLE!

Prime Property Alert! First time on the market in 20 years, this well-established property offers a rare opportunity for investors seeking a steady income and a low-maintenance asset.

Property Highlights:

• 4 Tenanted Shops: Secure rental income from a diverse mix of businesses - an Indian takeaway, hair salon, bakery specialising in flatbreads, and a cozy cafe.

• Stable, Long-Term Tenants: All shops are leased, providing consistent revenue streams with room for growth.

• Easy to Manage: Minimum upkeep required, perfect for passive investors.

• Potential for Increased Returns: Rents haven't been raised since 2019, offering the possibility for higher income in the future. Total current rent at the moment is $63,200 plus GST per annum.

Invest in this exceptional property for a blend of stability, growth, and ease of management. This is a limited opportunity to secure a sought-after asset that doesn't come around often. Contact us today to learn more and arrange a viewing!