SOLD
366 Rangatira Road

Beach Haven, Auckland

Auction 10 Aug 2016 (Unless Sold Prior)

Listing: NSC22467


Freehold Retail Investment With Upside
Strategically located on a busy corner site in Beach Haven this freehold standalone building has been serving the community for more than 40 years. The owners remodeled and expanded the original building in 2006, and it has been successfully occupied as a convenience store since. The property has served the owners as an investment for more than 20 years but now due to a change in circumstance it is time to move on. This is an ideal opportunity for first time investors, family trusts and owner-occupiers who are looking for an add-value opportunity in the future. Key Investment features: - Freehold corner site with standalone building - Current income of $27,453 + GST + outgoings p.a. - Zoned as town center under the proposed Auckland Unitary Plan - Floor area of 224.8m2 (approximately) including first floor office - Potential rental growth with market rent review due in Sept 2016 Call today to discuss this opportunity further To access further due diligence information for the property, copy and paste this link into your browser: http://www.propertyfiles.co.nz/property/NSC22467
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202(more or less Land Area)

224(approx) Floor Area

Contact The Experts
Isaac Tankard

Commercial Sales & Leasing Consultant

P

(09) 486 9263
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