Affordable Investment with long lease
City Centre, Auckland City
- Proposed Usage
- Floor Area
- 53.00 m²
- Property ID
Here's an opportunity to secure a high profile retail/office investment on the ground floor of a new built stylish apartment building - Summit on Symonds, comprising 45 apartments over five levels above the ground floor retail, at the corner of two of central Auckland's busiest arterial. Symonds Street & Karangahape Rd.
Body corporate as the established tenant offers a 21 + 21 years secured lease commencing from 28 October 2016 with current net rental of $15,000 + GST and 5 yearly market rent review.
The whole floor area will be revitalized by introducing a wider variety of more compact tenancies. New modern facades with floor-to-ceiling glazing will create a much more vibrant and enticing look for the large numbers of vehicles and pedestrians that pass by. We aim to create a more interactive and interesting retail environment along both the street frontages with much more happening.
Don't miss out this affordable investment !