Listing #:1729379457

Ripe retail investment

Location: 8/215 Rosedale Road, Albany, North Shore City, Auckland
Property use: Retail
Floor area: 208m2
Price: To be sold by auction on 19 Sep
- Bite-sized trade retail investment
- Returning a net rental of $45,000pa + GST and outgoings
- Floor area 208sqm (approximately)
- Four (4) exclusive car parks

Herein lies a rare opportunity to secure a bite-sized retail investment in one of Auckland's highest growth suburbs. The unit comprises of a mixture of showroom, mezzanine and warehouse areas. This investment benefits from an established tenant who has been in operation since 2014.

With vacancy rates across the area at historical lows, subsequent tenant demand has stimulated significant rental growth for units of this nature which is yet to be recognised. This demand, lack of greenfield development sites and cost of construction all adds up to an affordable opportunity that you will struggle to replace in the future.

For further information please don't hesitate to contact the sole agents today.

Agency reference #: 1502017
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To be auctioned
8/215 Rosedale Road, Albany, North Shore City, Auckland
To be auctioned
Listed: Fri 10 Aug, 12:40 pm
Adam Curtis
Bayleys North Shore Commercial - Devereux Howe-Smith Realty Limited, Licensed Agent (REAA 2008)
  • Contact details
  •  (09) 4890997
  •  (021) 720997

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Agent's details

Adam Curtis
  •  (09) 4890997
  •  (021) 720997
Damian Stephen
  •  (09) 4890810
  •  (021) 808092
Bayleys North Shore Commercial - Devereux Howe-Smith Realty Limited, Licensed Agent (REAA 2008)
(09) 4890999
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Expires: Thu 11 Oct, 12:20 am
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