A rare hands-off commercial investment opportunity in South Auckland: this modern 66m² retail unit on busy Portage Road is fully leased to a proven local favourite, delivering reliable passive income with minimal effort.
• Net income: $33,912 + GST p.a.
• True triple net: Tenant pays all outgoings - zero expenses for owner
• Yield: 6.4% net - attractive for small South Auckland retail in today's market
• Lease: Current term secure + rights of renewal; tenant keen to extend (intent available)
• Position: Prominent frontage on busy corridor with heavy traffic flow.
Ōtāhuhu strengths: Dense residential catchment, nearby industrial precincts, major transport links, close to Auckland Airport/CBD/South Auckland growth. Ongoing infrastructure investment supports long-term resilience.
Ideal passive investment for:
• First-time commercial buyers
• Hands-off cashflow seekers
• SMSF/family trusts wanting low-maintenance income
Strong fundamentals: Secure tenant, high visibility, affordable Auckland entry. Rare opportunity - these rarely linger with solid income like this.
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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