Large format unit with multiple income streams

B3/199, Lincoln Road, Henderson, Waitakere City

By Negotiation

Proposed Usage
Retail
Floor Area
2369.00 m²
Land Area
1986.00 m²
Description:
Property ID
1c23grx

- Rare to find large format retail/office unit - over 2,349 sqm into 2 levels
- Huge profile towards arterial road
- Over 200 common car parks around the complex
- Part vacant with great adding value potential
- Favourable A Grade Seismic Rating - 98.7% NBS
- Surrounding by heavyweight national & international tenants
- Projected passing rental income of $433,007 pa. + GST

A superb large format retail/office showroom investment with adding value angle is now offered to the market. Comprising multiple hospitality, gymnasium and office showroom tenants, this is a high-profile 2 level freehold commercial unit size at approx.2,369m2 directly facing busy northern part of Lincoln road.
Part of the property is now for sale at vacant possession waiting for astute investor or potential owner occupier benefit from strong demands for large size commercial properties; The complex is also surrounded by numbers of heavyweight national & international anchor of tenants: e.g. Mitre 10 Mega, Pak n Save and Countdown supermarket which are all under 5-10 minutes walking distance.
Further along, Lincoln road continues to be dominated by major brands who have recognised this as strategy location. Household brand names include Benchmark Building Supplies, The Warehouse, Noel Leeming and McDonalds'.
Lincoln Road is a major arterial extending from Great North Road in the south to the North Western Motorway system in the north. Universal Drive is a significant link road to West Auckland suburbs such as Massey, Ranui and Swanson as well as the Waitakere Ranges. .

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Henderson Area