Listing #:1705199868

WESTGATE INVESTMENT WITH LONG STANDING TENANTS

Location: 13F & 13G Maki Street, Westgate, Westgate, Waitakere City, Auckland
Property use: Office
Floor area: 183-337m2
Land area: 0m2
Price: To be sold by deadline sale (by 22 Aug)
Property ID#: FWQ664
With leases in place to Mercy Radiology and Westgate Pharmacy, this investment will definitely keep the doctor away. Westgate Pharmacy have recently signed a brand new lease for 5 years and 10 months, with 2 x 6 years ROR, returning $200,143.37pa net + GST. Mercy Radiology, who have been in occupation since 1999 and are paying $82,680.56pa net + GST, have a little under 2 years to run, giving the incoming purchaser options to negotiate a new more favourable lease or re-lease to a new tenant. These two freehold units are conveniently located within the Westgate Shopping Centre and take advantage of being next door to the Westgate Medical Centre with plenty of customer car parks directly outside.

This is a superb medical-related investment that will continue to reap solid rewards with significant growth planned for immediate area.  

 

Call the Sole Agents now for further information
Features:
* Returning $282,680.56pa net + GST
* New lease in place to existing Westgate Pharmacy
* Freehold titles
* Next door to Westgate Medical Centre
* Plenty of customer car parks
* Split risk investment

Agency reference #: 209179
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Deadline sale
13F & 13G Maki Street, Westgate, Westgate, Waitakere City, Auckland
Deadline sale
Listed: Fri 20 Jul, 10:19 am
Sean Finnegan
Colliers International, West Auckland, Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 3597987
  •  (027) 2990993

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Agent's details

Sean Finnegan
  •  (09) 3597987
  •  (027) 2990993
Craig Smith
  •  (09) 3597971
  •  (021) 490580
Colliers International, West Auckland, Licensed Agent (REAA 2008)
(09) 4161899
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Expires: Fri 14 Sep, 10:19 am
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