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Bayleys North Shore Commercial, (Licensed: REAA 2008)
Michael Nees Michael Nees

5/151 Lincoln Road, Henderson

Deadline sale by 16 Apr

Listing Description

Listed: Fri, 13 Mar

Eight year plus lease to national tenant

5/151 Lincoln Road, Henderson, Waitakere City, Auckland

Details

  •   138m² Floor
AttributeValue
Property use
Retail
Agency reference
1507211

Description

  • Sal’s Pizza in occupation since developed in 2014 with the premises including exclusive outdoor area and shared parking
  • Fixed 3.5% p.a. rent increases with personal guarantees
  • Positioned on Lincoln Road, West Auckland’s established fast-food corridor with excellent exposure and shared parking

Positioned with standout corner profile to one of West Auckland’s busiest commercial corridors, Unit 5, 151 Lincoln Road presents the uncomplicated investment profile buyers consistently chase, modern construction, a proven national-format food operator, and long-term lease fundamentals.

The income profile is straightforward, returning $91,690pa + GST and outgoings and supported by fixed 3.5% annual increases, this investment provides strong income certainty and a long lease runway through to 30 April 2034.

First time to market since the original development, this is a tightly held style of unit in a sought-after precinct, surrounded by complementary operators and underpinned by consistent drive-by exposure and convenience.


Property Files

Michael Nees

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Agent's details

Michael Nees
Ankur Dakwale

Enquire about the property

Bayleys North Shore Commercial, (Licensed: REAA 2008)

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