Split risk investment with established tenants
6/2, Triangle Road, Massey, Waitakere City
- Proposed Usage
- Floor Area
- 315.00 m²
- Auction Date
- 11:00 - Dec 04, 2019
- Property ID
• Freehold strata investment with 2 x long-established tenants in place
• Rare to find split risk investment returning $91,000 pa. + GST
• Excellent street frontage towards busy roundabout
• 315sqm large retail format at the end of block offering superb signage profile
Offer to the market is a well-established tenanted investment in the heart of Massey community centre. The freehold strata unit consist with 2 retail tenants: Triangle Laundromat & Domino's Pizza generating income of $91,000 pa. + GST.
Located at the rear of the property is allocated carpark accessory unit for 2 destinated car parks. There are plenty of customer parking right in front of the unit; adjoining businesses are Massey Fruit and Vege, Westside Bakehouse and Junction Juniors early childhood education centre.
The property is excellently positioned in close proximity to all the major commercial and residential developments in Westgate/Massey, in particular the North-west Shopping Mall, home to over 100 brands. Westgate has been identified in the Auckland Plan as one of Aucklan's key metropolitan centres, and Auckland Council is investing $300 million in the area over the next 10 years in what is estimated to be a combined $1 billion investment.