Listing Description
High-return Investment - Bring an Offer
Unit 13 71 Jellicoe Road, Panmure, Auckland City, Auckland
Price by negotiation
Details
Attribute | Value |
---|---|
Property use | Retail |
Agency reference | 1698464 |
Description
*A clear directive from the vendor - this must be sold! *90sm retail unit positioned in a sizeable retail complex with significant road frontage *Significant existing kitchen fitout (including extraction, cool room and gas connection) *Attention investors - consider this high-return investment on an existing 6 year lease to a committed tenant *Potential opportunity to negotiate vacant possession for owner occupiers
Released to the market is a 90sqm retail unit, offering an opportunity for investors searching for a high-return, or potentially an opportunity for owner occupiers. Returning $49,500pa + GST on 6 year lease, the property is tenanted by Beach Pizza, an established pizza business with 10 stores across New Zealand (including 8 in Auckland).
This modern retail complex, along busy Jellicoe Road, comprises 24 total units and 89 shared common car parks. Tenants in this centre includes a range of retailers, food and beverage, medical and health/beauty. Surrounding the complex is a range of commercial/industrial buildings, as well as large residential catchments in Stonefields and Tamaki.
Take advantage of the existing lease to a committed tenant and enjoy a high-yield investment. Enquire now for further information.
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