Listing #:1079628517

Fantastic Opportunity to own Tenanted Investment i

Location: 453-459 Lake Road, Takapuna, North Shore City, Auckland
Property use: Retail
Floor area: 447m2
Price: Price by negotiatio­n
Purchase this investment then sit back and enjoy the income while the management company takes care of the rest. Cost of management company is recovered in tenant outgoings.

The management company looks after all tenant queries, lease renewals, rent reviews, assignments etc. All you would do is approve any changes they are proposing.

Situated in the heart of Takapuna is this freehold, standalone, single level, multi tenanted investment opportunity with the Auckland Unitary Plan offering multi story re-development potential. This is one not to miss out on.

An approx total tenancy area of 447m² over four self-contained tenancies with a combined net return of $155.816.00 plus GST per annum. Land area is 528m² more or less.

All outgoings are paid by the tenants.

Investment opportunities with risk spread over four tenancies are rare to find in Takapuna's CBD.

Essentially for sale by negotiation, looking for offers over $3,900,000.

Call now to confirm a time to view this property

Agency reference #: NSC22225
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Price by negotiation
453-459 Lake Road, Takapuna, North Shore City, Auckland
Price by negotiation
Listed: Mon 2 May, 3:46 pm
Dave Lane
NAI Harcourts - Cooper & Co Real Estate, (Licensed: REAA 2008)
  • Contact details
  •  (021) 928031
  •  (09) 3902120

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Agent's details

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Dave Lane
NAI Harcourts - Cooper & Co Real Estate, (Licensed: REAA 2008)
(09) 4869250
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Expires: Tue 8 Jan, 1:14 pm
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