HIGH YIELDING INVESTMENT WITH LONG TERM LEASE

Mount Wellington, Auckland City

By Negotiation

Proposed Usage
Retail
Floor Area
3772.00 m²
Description:
Property ID
1c6hs4w

This property is leased to a large national bulk retail chain listed on the NZX with six years remaining on a long term lease.

The current rental is $593,489 and you will be able to secure 7% + yield on your investment.

Located in a high profile location near the corner of Mt Wellington Highway and the Ellerslie-Panmure Highway the list of bulk retail operators within the immediate location is impressive.

• 3,772m² bulk retail Store in a high profile location
• Six years to run on the current lease term
• $593,489 annual yearly income
• High profile bulk retail location
• Expect a high yield on your investment

A comprehensive Information Memorandum is available on request.

FOR SALE BY PRIVATE TREATY

CONTACT BILL CARLSON Mob +64 27 493 6226 DDI +64 9 363 1622
b.carlson@barfoot.co.nz

Enquire about this property

Mount Wellington Area