9% Plus freehold yield
1E, The Concourse, Mangere, Manukau City
- Proposed Usage
- Floor Area
- 715.34 m²
- Property ID
â¢ Fully licensed gaming bar & lounge with 18 gaming machines
â¢ Solid rental growth
â¢ Town centre location
â¢ Returning $126,880pa net
Calling all yield chasers on a budget! This rare opportunity to secure a freehold, town centre commercial investment at an affordable price bracket and impressive return is not one to be missed.
Located in the heart of Mangere Town Centre, the property has 18 gaming machines and is the only licensed premises in the Town Centre, enjoying excellent patronage.
The property is well positioned on the first floor with dual access and generous parking above retail shops. Surrounding amenities include a library and medical centre as well as Countdown and McDonalds.