Hands-off passive income in South Auckland.
This modern 66m² retail unit on busy Portage Road is fully leased to a proven local favourite, delivering reliable cashflow with virtually zero owner input.
Key Investment Highlights:
• Net income: $33,912 + GST per annum
• True triple net lease — tenant pays all outgoings (zero expenses for owner)
• Attractive net yield: 6.4%
• Secure lease with current term + rights of renewal (tenant keen to extend)
• Prominent frontage on high-traffic Portage Road
Located in a strong South Auckland growth area, the property benefits from a dense residential catchment, nearby industrial precincts, excellent transport links, and proximity to Auckland Airport and the CBD. Ongoing infrastructure development supports long-term capital growth and tenant demand.
Perfect for:
• First-time commercial property investors
• Hands-off investors seeking steady passive income
• SMSF and family trusts wanting low-maintenance returns
Strong fundamentals, secure tenant, high visibility, and an affordable entry point into Auckland commercial real estate. Rare opportunities like this with solid net income and triple net terms don't stay on the market long.
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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