DOMINANT RETAIL - A SUPERB INVESTMENT

Flat Bush, Manukau City

By Negotiation

Proposed Usage
Retail
Floor Area
3137.00 m²
Description:
Property ID
1c2fjqw

A modern convenience retail shopping complex located in Flat Bush neighbourhood, suburb of Auckland. A superb investment with proven performance is a rare offering to the market for sale by negotiation.

This retail buildings with associated car parking were all constructed at the same time circa in 2003 on a substantial Freehold land area of 5,911m². The site has four wide street frontages having over 100m frontage on to Chapel Road, a high profile location. The property is fully leased to 17 mixed tenants returning net annual rental of approximately $1.357m.

A sought after proven split risk retail investment opportunity.

For further information, please contact the sole agents.

• Four street frontages with great parking and monopolising the retail in this location
• Fully leased complex with quality structures and brand name tenants
• 17 complementary range of retailers on strong WALT with returning net approx. $1.357m pa
• 5,911m² Freehold land holding
• Wide, prominent street frontages
• IEP 75% of NBS
• Potential to unit title
• Zoned Business Neighbourhood Centre

Enquire about this property

Flat Bush Area