High profile property with an international brand tenant providing essential services.
* ROI 6% approx. on current rentals + surplus land.* Prime location on the main road
* Large section with surplus land of approx. 3 acres offers further potential
* Long term triple-net lease including rights of renewal
* Strong tenant covenant
* Rent review bi-annual for the anchor tenant
* Annual rental approx. $210,000 plus GST
* Bottom drawer, hassle-free investment property
* Sale price $3,975,000 (+ GST if any)
Investors have an opportunity to acquire a genuine bottom drawer investment property with an international brand anchor-tenant providing essential services, strategically located on a main arterial road interconnecting the southern part of Auckland. Servicing the rapidly expanding commercial and residential precincts in the area with hundreds of houses coming up, this can also be a future land banking opportunity. This strategic property will fit into any astute investor's long-term investment portfolio with the added advantage of further development opportunity (subject to Council approval) on a main arterial road and/or land banking a large section with surplus land for the future in a high growth area.
Please return a confidentiality agreement to MunishV@abcbusiness.co.nz if you would like to discuss this PRIME INVESTMENT OPPORTUNITY. Call Munish on 021 113 9768.
Further information will be provided strictly to genuinely interested/pre-qualified parties.
For a confidential discussion please complete our online confidentiality agreement.
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