Multi tenanted investment with excellent return

A/179, Archers Road, Wairau Valley, North Shore City

By Negotiation

Proposed Usage
Floor Area
1409.00 m²
Property ID

- Building comprises retail, offices and warehouse
- Total building area approx. 1,409sqm
- Fully leased returning $259,040pa + GST
- All leases with personal guarantees
- Earthquake rating 100% NBS (A-Grade)
- Resource consent approved for residential apartments

Excellent opportunity to secure a fully leased multi tenanted investment offering a very good return. Take advantage of the good lease terms along with competitive rental rates and personal guarantees - this is a must for all astute investors looking to add to their existing portfolio.

Resource consent has been approved for a multi-level residential apartment development which includes 14 three bedroom apartments. The ground floor will consist of retail with storage and covered car parking.

Located in the sought after Wairau Valley, the property provides excellent profile and exposure to a high volume of traffic flow with convenient access to public transport links and motorway interchanges. The location is within a 5-10 minute drive of the Takapuna retail and commercial centre whilst the Auckland Central Business District is within a 15-20 minute drive during normal traffic flows.

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Wairau Valley Area