Hard to find CBD retail investment with car park
City Centre, Auckland City
- Proposed Usage
- Floor Area
- 40.00 m²
- Property ID
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.