Listing Description
Listed: Today
Herne Bay Fully Leased Investment
2A Jervois Road, Ponsonby, Auckland City, Auckland
Asking price $990,000
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Property ID# | JPX793 |
| Agency reference | 1780167 |
Description
- Fully leased investment - Modern 107sqm (approximately) freehold, ground floor retail unit.
- New seven-year lease which enjoys and annual rental of $58,349.50 + GST pa net.
- Fixed annual rent reviews of 3% per annum
- Exceptional location just off the corner of Ponsonby Road and Jervios Road offering high profile, and excellent amenity in Ponsonby’s Three Lamps
- Sit back and enjoy the rental income – passive investors must inspect.
2A Jervois Road, Herne Bay offers a modern well-appointed retail investment in a high-profile position. This sought-after location is just off the corner of Jervois Road and Ponsonby Road. The subject property is leased to Think Again Auckland PTY Limited and enjoys a rental income of $58,349.50 + GST pa net. There is further upside with fixed annual rent reviews of 3%. Investors looking for a sought-after location with a mix of functionality and aesthetic appeal, 2A Jervois Road, Herne Bay presents a compelling opportunity.
For Sale with Asking Price: $990,000 + GST (if any)
Kate Kirby
Property Files
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