RETAIL - POSSIBLE 7% RETURN IN BROWNS BAY

1/25, Bute Road, Browns Bay, North Shore City

$550,000

Proposed Usage
Retail
Floor Area
118.00 m²
Description:
Property ID
1c7189q

Must be Sold - Cheap as Chips - Seriously for Sale

On offer is a modern retail or medical unit on the ground floor of the Pines Apartment Building.

The approximately 118m² premises enjoys wide glass frontage and a large captive audience from the large residential catchment nearby.

The Browns Bay Medical Centre is a few doors down, as are a number of other well-known retailers.

The unit would ideally suit hospitality, medical or professional users and is a fantastic opportunity for owner occupiers to ditch the landlord and own their own premises.

Ideal opportunity for entry-level investors to buy well, find a tenant and enjoy an excellent return on their investment.

Rental appraisal $35,000 - $37,500 p.a plus GST and outgoings.

Forget the $760,000 GV and make an offer. The vendor's instructions are clear, he wants this sold!

KEY FEATURES:
• 118m² retail/medical/hospitality or professional offices
• Wide glass frontage
• The owner wants this sold
• Take more than $200,000 off the GV
• Seeking offers
• Call now to view and to receive full information pack

Enquire about this property

Browns Bay Area