A rare opportunity to secure a hands-off retail investment in a tightly held South Auckland commercial corridor. This modern 66m2 (more or less) retail unit is prominently positioned on busy Portage Road, Ōtāhuhu and is fully leased to Fried Chicken Zone, a well-established and popular takeaway operator with a proven local customer base.
Generating a net income of $33,912 + GST per annum, with all operating expenses paid by the tenant, this is a low-maintenance investment well suited to both first-time commercial buyers and experienced investors seeking reliable cashflow.
In today's market, a net yield above 6% is considered attractive for smaller retail assets with established tenants. This investment delivers a strong return underpinned by secure income, tenant-paid outgoings, and a high-exposure location.
Ōtāhuhu continues to strengthen as a key commercial and logistics hub, benefiting from ongoing infrastructure investment and its strategic location between Auckland CBD, South Auckland, and Auckland Airport. Surrounded by dense residential housing, industrial precincts, and major transport links, the property enjoys a resilient catchment and excellent exposure.
Key Investment Highlights:
• Net rental income of $33,912 + GST p.a.
• Lease in place with rights of renewal; tenant keen to extend
• High-profile Portage Road frontage
• Affordable entry into the Auckland commercial market
• Ideal passive investment with minimal management.
Opportunities at this price point with established income and strong fundamentals are rarely available and warrant close attention.
Contact Hasit - 022 3738 496 or Suresh - 021 540 226 today for further information or to arrange a private inspection.
Price $530,000
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