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 resides 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 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.

This property will be auctioned on the 6th of June 2019 (unless sold prior)

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 email o.zhao@barfoot.co.nz

· Justin Lowe 027 834 3608 email j.lowe@barfoot.co.nz

Enquire about this property

Auckland City Area