Listing #:1457928459

A significant tenanted investment in Otahuhu

Location: Otahuhu, Auckland City, Auckland
Property use: Industrial
Floor area: 1,414m2
Price: Price by negotiatio­n
•A freehold standalone property previous occupied by ANZ Bank and "KINGKONG"gifts shop
•Prime location in the heart of Otahuhu town Centre, current IEP rating is 85%
•Long established and reputable tenant in place since early 2008
•Current contract net rental is $190,000+GST per annum
•Easy motorway access and public transport facilities

This is an exceptional opportunity to secure a freehold standalone tenanted investment.
The building is positioned within a well-established retail complex in the ever popular Otahuhu town centre. The property comprises of a two level commercial floors with frontage to Great South Road. It is recently fully occupied by a well-established business since early 2008. The tenant has just entered a brand new lease at net rental of $190,000 +GST per annum.

Sit back and enjoy the cashflow this bottom drawer investment provides. Be sure you don't miss it!!!

Agency reference #: 1684245
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Price by negotiation
Listed: Fri 3 Nov, 10:00 am
Millie Liang
Bayleys Real Estate Ltd MREINZ, Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 3758440
  •  (021) 968128


Agent's details

Millie Liang
  •  (09) 3758440
  •  (021) 968128
Bayleys Real Estate Ltd MREINZ, Licensed Agent (REAA 2008)
(0800) 2295397
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Expires: Mon 8 Oct, 10:55 am
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