HANDS OFF HIGH RETURNING INVESTMENT IN CBD

GF/115, Mayoral Drive, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
160.00 m²
Description:
Property ID
1c5dw29

For Sale by Deadline Private Treaty 2:00pm Thursday 16th May 2019 (Unless sold prior)


Located in the heart of CBD a prime retail property has become available for sale. Situated on the Queen Street and Mayoral Drive intersection, the premises street frontage attracts huge exposure to passing traffic and foot traffic. The precinct encompasses a large customer base including University, Passerbys, Residential and Offices that has supported the businesses in the area for a long time.

This north facing property is 160m² featuring a well established and long running Korean Restaurant (Bon Ga Ne), the property includes 1 car park and ticks all the boxes for commercial property investors.

Features:
• Natural Light: Fantastic natural light
• Location: CBD and prime location to take advantage of Queen Street and its many customers
• Usage Flexibility: Multi Business Use Premise with Hospitality/Services/Office Businesses which makes making it a good position that the premises will always be easy to lease
• Signage Exposure: Huge exposure to passing intersection traffic and large volume of foot traffic

Details
• Size 160m²
• Current Fit Out: Korean Restaurant.
• Rental Return: $120,000 Net Income
• Car Park: 1
• Selling by: Deadline Private Treaty 2:00pm Thursday 16th May 2019 (Unless sold prior)

For further information, information memorandum or to arrange an inspection please contact the Barfoot & Thompson Team:
• Justin Lowe 027 834 3608 email j.lowe@barfoot.co.nz
• Hanok Shin 021 665 500email h.shin@barfoot.co.nz

Enquire about this property

Auckland City Area