Here’s an ideal opportunity for a first commercial investment or addition to an established portfolio. This ground floor, road front shop is returning $36,681.75 pa + GST from an established tenant on a 4 year lease.
Excellent location and part of a mixed use complex of 12 commercial units and 37 terraced homes developed by well-known Broadway Property Group. This block, along with the retail units at 175 Millwater Parkway, are fully occupied with a mix of tenants including medical, commercial services, retail and food.
Businesses here benefit from the high growth population in the surrounding area, with the majority of the 3,500 sections in Millwater now being built on and the Milldale subdivision also well underway.
Other features and development in the area include two kindergartens and six schools - all with high decile rankings. There are also three international golf courses, numerous parks and walks as well as several beaches within a very short distance.
The property is presented in “as new” condition making it a perfect “bite sized” investment.
Don’t delay, contact the sole agents, Mike Ryan 021 402 461, Matt Prentice 021 464 907 or Shoneet Chand 021 400 765 for more information or to inspect.
To be sold by Auction at 11am, Wednesday 10th March, 2021 (unless sold prior). To be held at Colliers International, Level 1, 129 Hurstmere Road, Takapuna, Auckland
Ref #: 20636923
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