Listing #:1642394960

Large format unit with multiple income streams

Location: B3/199 Lincoln Road, Henderson, Waitakere City, Auckland
Property use: Retail
Floor area: 2,369m2
Land area: 1986m2
Price: Price by negotiatio­n
- Rare to find large format retail/office unit - over 2,349 sqm into 2 levels
- Huge profile towards arterial road
- Over 200 common car parks around the complex
- Part vacant with great adding value potential
- Favourable A Grade Seismic Rating - 98.7% NBS
- Surrounding by heavyweight national & international tenants
- Projected passing rental income of $433,007 pa. + GST

A superb large format retail/office showroom investment with adding value angle is now offered to the market. Comprising multiple hospitality, gymnasium and office showroom tenants, this is a high-profile 2 level freehold commercial unit size at approx.2,369m2 directly facing busy northern part of Lincoln road.
Part of the property is now for sale at vacant possession waiting for astute investor or potential owner occupier benefit from strong demands for large size commercial properties; The complex is also surrounded by numbers of heavyweight national & international anchor of tenants: e.g. Mitre 10 Mega, Pak n Save and Countdown supermarket which are all under 5-10 minutes walking distance.
Further along, Lincoln road continues to be dominated by major brands who have recognised this as strategy location. Household brand names include Benchmark Building Supplies, The Warehouse, Noel Leeming and McDonalds'.
Lincoln Road is a major arterial extending from Great North Road in the south to the North Western Motorway system in the north. Universal Drive is a significant link road to West Auckland suburbs such as Massey, Ranui and Swanson as well as the Waitakere Ranges.

Agency reference #: 1685588
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Price by negotiation
B3/199 Lincoln Road, Henderson, Waitakere City, Auckland
Price by negotiation
Listed: Wed 23 May, 6:05 pm
Nicolas Ching
Bayleys Real Estate Ltd MREINZ, (Licensed: REAA 2008)
  • Contact details
  •  (021) 396890

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Agent's details

Nicolas Ching
  •  (021) 396890
Oscar Kuang
  •  (09) 3096020
  •  (021) 609429
Bayleys Real Estate Ltd MREINZ, (Licensed: REAA 2008)
(0800) 2295397
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