Colliers International is proud to exclusively present this exceptional investment opportunity underpinned by multiple ‘A’ grade tenants, strong WALT and clear future development potential in a central North Shore location.
Featuring a 10 year WALT from June 2019, the total offering is returning $1,910,165 pa + GST from five established tenants. With Massey University, Auckland Council & Quest Albany responsible for over 97% of the total income, this is an excellent investment opportunity with outstanding tenant covenants that must be carefully considered.
The 1.04Ha ‘Business – Local Centre’ zoned site is ideally located in Albany Village with many key landmarks in close proximity including, Massey University, Westfield Albany, multiple apartment blocks, Settlers Retirement Village, Kristin & Albany Senior High Schools, QBE Stadium and many more. The location also provides for easy access to both the Northern & Western motorways with a 20 minute drive to Auckland’s CBD in non-peak hour traffic (approx).
For further information or to register your interest, contact either of the Sole Agents now – Matt Prentice (021 464 904) or Shoneet Chand (021 400 765).