Hard to find CBD retail investment with car park

City Centre, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
40.00 m²
Description:
Property ID
1c5thwh

Well- present premises fitted out as a stylish Barber shop. Located in the heart of upper Symonds St commercial area just north of the intersection of Khyber Pass, Newton Road and Symonds Street.

Neighbouring to the 5-star, 411 room hotel -The Cordis, and Summit on Symonds sits in a prime position towards the southern end of the Auckland CBD.

The location offers a large customer pool from surrounding residential suburbs and apartment blocks, a large student population including Auckland University and Unitech and the surrounding businesses on the fringe of the CBD.

Rental returning is $32,474.92 from August 2019, 3+3+3 years commence from 1 August 2017 , 2% increase on each anniversary date compounding with a hard ratchet and market rent review on each renewal date..

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City Centre Area