High Yield Retail Investment in Royal Oak Mall
K/691, Manukau Road, Royal Oak, Auckland City
- Proposed Usage
- Floor Area
- 36.00 m²
- Property ID
- Affordable ground floor freehold unit title property in Royal Oak Mall
- Situated in the mall's foodcourt, operating as Great Thai
- Returning $33,840.36pa + GST gross (approx. current net rental $22,478pa + GST)
- Located close to Pak N Save, McDonalds, ANZ Bank, Wendys, TAB, Subway, OPSM and more
Offered to the market is a freehold commercial property ideal for a low-level or entry-level investor, a great high yield investment. The opportunity is situated in the mall's foodcourt, with an internal floor area of 36sqm (approximately) - excluding the foodcourt's shared seating area. The property, with the lease renewed in 2016, is well situated in between the main mall entrance and the Pak n Save entrance.
The recently refurbished Royal Oak Shopping Mall is well-located in the heart of Royal Oak near Epsom and One Tree Hill, approximately 10 minutes drive to Auckland's CBD and approximately 5 minutes drive from the Southern and South Western motorways. The mall consists of a unique mix of over 50 shops, and this well-known friendly, community-based centre is open 7 days a week. Ample car parking is available, comprising 778 spaces, covered and uncovered, with main road access points along both Manukau Road and Mount Albert Road.
This represents a great opportunity to secure a leased retail investment in a popular location.