254, Cornerstone Drive, Albany, North Shore City

By Negotiation

Proposed Usage
Floor Area
164.00 m²
Property ID


This is an excellent retail investment in a brand new building complex - completed earlier this year. The Ramada Hotel and Retail complex is located just off Oteha Valley Road in Albany and across from the NZTA Park N Ride, a great sight to see from the motorway, a new landmark building on the North Shore.

The ground floor has a number of shops and cafes such as Coffee Club, Just Laptops, a dessert restaurant and clothing store with the Ramada Hotel occupying the above levels. The developer has spared no cost for the build and quality of this complex, and the result is a well presented and attractive building and landscape.

This is your chance to secure a high quality long term tenant and excellent building to add to your property portfolio. The gym unit has front and internal exposure and is located on the road frontage positioned close to the Hotel's entrance. The tenant is a quality gym operation having spent considerable amounts on the fit-out of the unit and having committed to an initial 10 year lease term with rights of renewals. This makes an excellent worry-free long term investment with the tenant paying all outgoings in addition to the rent.

Call us today for all the info! This fantastic investment won't last!

• High Profile location, road frontage position, Motorway exposure
• Brand new landmark building
• Branded anchor building, well-known Ramada Hotel
• For Sale as Tenanted Investment
• Boutique Gym Tenant
• Unit on road frontage position facing Cornerstone Drive
• Approx.164m² plus outdoor patio area
• Attractive building and location
• Returning $91,300.00 + GST
• Long term lease - 10 year initial lease term with rights of renewals
• Tenant pays all outgoings in addition to the rental
• Freehold Unit Title Investment - the best on the North Shore
• Fantastic investment and brand new building - Be quick!
• Contact Brian 0274 481 321 to view this awesome investment property!

Enquire about this property

Albany Area