SOLD
G/1 Polarity Rise

Silverdale, Auckland

$850,000 Plus GST (if any)

Listing: NSC28289


Silverdale Retail Investment with HUGE Upside!
Upcoming market rent review will bring the proud new owners a great investment! Impressive Café on prominent corner site with alfresco seating and elevated open views. This modern building is only 6 years old and is situated next to Silverdale Medical Centre, Northern Arena, Brand new early child care centre and residential apartments. The café is in a small block of retail shops and offices, includes Pizza Hut, Liquor Spot, and food outlets. A new ROR (Right of Renewal) for 3 years and market rent review apply from 1st February 2019. This will give a huge opportunity for an astute investor to quickly realize the massive upside in the lease. The plant and most equipment is owned by the vendor. Currently rented at only $202m² + GST p.a which is approximately half the market rate for the 135m² shop. Silverdale is a thriving town centre with all the major stores, with Briscoes/Rebel Sport coming soon with a massive new development. Please phone the sole agents at NAI Harcourts for more details.
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135(approx) Floor Area

Contact The Experts
Geoff Thorne

Commercial Sales & Leasing Consultant

P

09 486 9226
Get In Touch
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