A SMART LITTLE INVESTMENT

1303 Cameron Road, Greerton

Investment For Sale

Auction to be held at 2pm Thursday, 21 Nov 2019 (Unless sold prior)    Tenanted Investment
Land Area: 166.00 m2.    Floor Area: 152.00 m2.    

Description

This is a very affordable investment situated in the heart of the vibrant Greerton township with great on-street parking and excellent exposure to passing traffic along busy Cameron Road.

This established pharmacy has been in the building for over 50 years and has 5 + years to go on its current lease which expires November 2024. The new owner has the future opportunity to negotiate a new lease in 2024 or to even occupy the premises for their own business. 

Don't miss out on this unique bite-size investment with very affordable rentals and potential to add value in the future. 

Features

  • Floor area: 152m² approx. Land area: 166m²
  • Net rental: $33,000 + GST & Outgoings
  • 6 year lease from 1 Dec 2018
  • Freehold title
  • Lease expires November 2024
  • Busy suburban shopping precinct
  • Well maintained building
  • Excellent pedestrian traffic with council parking in front
  • Established Pharmacy lease expires Nov 2024
  • For sale by Auction 2pm, Thursday 21 November 2019 at Trinity Wharf, 51 Dive Cres, Tauranga (unless sold prior)

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