Listing #:1688701218

DOMINANT RETAIL - A SUPERB INVESTMENT

Location: Flat Bush, Manukau City, Auckland
Property use: Retail
Floor area: 3,137m2
Price: Price by negotiatio­n
A modern convenience retail shopping complex located in Flat Bush neighbourhood, suburb of Auckland. A superb investment with proven performance is a rare offering to the market for sale by negotiation.

This retail buildings with associated car parking were all constructed at the same time circa in 2003 on a substantial Freehold land area of 5,911m². The site has four wide street frontages having over 100m frontage on to Chapel Road, a high profile location. The property is fully leased to 17 mixed tenants returning net annual rental of approximately $1.357m.

A sought after proven split risk retail investment opportunity.

For further information, please contact the sole agents.

• Four street frontages with great parking and monopolising the retail in this location
• Fully leased complex with quality structures and brand name tenants
• 17 complementary range of retailers on strong WALT with returning net approx. $1.357m pa
• 5,911m² Freehold land holding
• Wide, prominent street frontages
• IEP 75% of NBS
• Potential to unit title
• Zoned Business Neighbourhood Centre

Agency reference #: 78563
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Price by negotiation
, Flat Bush, Manukau City, Auckland
Price by negotiation
Listed: Thu 5 Jul, 12:32 pm
Agnes Teh
Barfoot & Thompson MREINZ Commercial , (Licensed: REAA 2008)
  • Contact details
  •  (09) 3631624
  •  (021) 308900

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Agent's details

Agnes Teh
  •  (09) 3631624
  •  (021) 308900
Grant Hargrave
  •  (027) 4984078
Barfoot & Thompson MREINZ Commercial , (Licensed: REAA 2008)
(09) 3580989
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