FOR SALE:
This is an opportunity to secure a tenanted investment property in the thriving Millwater Parkway commercial and retail hub.
The current tenant, Millies Café is a very popular licensed café with a current term to 2025. With a rental return of $69,787 plus GST per annum. All outgoings paid by the tenant, this is an excellent passive investment!
Millwater is a hive of activity with shops eateries, service businesses, amenities, schools and Countdown supermarket. The Millwater residential area has grown exponentially in the last few years and continues to grow, with a mix of medium to high priced housing, with many apartments and terraced houses still being built which will continue to bring business to the area.
View times for this property;
Monday & Wednesday 1pm - 3pm. Contact us and we will confirm a time for us to meet within the viewing period.
Key Features:
- Tenanted investment by the popular Millies Café
- Rental return of $69,787 net p.a. plus GST
- All outgoings paid by tenant
- Close to all amenities
- Easy access to the motorway
- Public transport nearby
- A thriving community with plenty of growth potential
This property can be sold individually or as part of a 3 package portfolio which includes 633 & 635 Te Atatu Road, Te Atatu Peninsula and Unit 3/1-4 Rhone Ave Te Atatu Peninsula
For more information and an appointment to view this property, please contact the agent at NAI Harcourts Cooper & Co today.