LONG TERM POTENTIAL WITH FANTASTIC TENANT

Auckland City

$700,000

Proposed Usage
Retail
Floor Area
47.00 m²
Description:
Property ID
1c5knk7

An opportunity to purchase a tenanted investment property in a well known location on Nelson Street. The property is situated next to the well known Empire Tavern.

This freehold strata site is approximately 47m² of net lettable area and includes one car park.

The property is situated on the ground floor of a busy car park complex, with prominent street frontage on Nelson Street and next to the Empire Hotel with a long established food tenant. The Nelson Café, a very long established tenant, has long serviced the surrounding offices and apartments offering good old fashioned café food which is a rarity these days.

Tenancy Details:
• Tenant - Nelson Car Park Cafe (https://www.zomato.com/auckland/nelson-cafe-nelson-street)
• Current Net Annual Rent - $31,405 + GST
• Final Expiry 30 Sept 2025

For further information please contact Barfoot & Thompson Team:

Oscar Zhao 022 580 8866 | o.zhao@barfoot.co.nz
Justin Lowe 027 834 3608 | j.lowe@barfoot.co.nz

Enquire about this property

Auckland City Area