FOR SALE - By Auction from 12pm 14 November in room Takapuna. Message Alert! If you're watching this advertisement, even with mild interest, now is the time to act. We already have interested parties who have received all information and confirmed their attendance at the auction. If you're a conditional buyer, we encourage you to get in touch as well so we can discuss further. An exceptional opportunity to acquire this tenanted investment property. The tenant is a well-established liquor store in the vibrant community of Unsworth Heights, located next to The Greenwich Gardens Retirement Village and only liquor store within near vicinity of the wider residential neighbourhood. The store is part of a small, convenient retail strip at the entrance of a cul-de-sac, which also features a Japanese restaurant and a superette and other retail uses, offering easy shopping access for local residents and the retirement village community. Unsworth Heights is situated in the Rosedale area, just a short drive from Albany Mall, bulk retail outlets and motorway access points. Having operated successfully since 2003, this liquor store has a long-standing presence and proven resilience in the area. Currently, the property generates a net rental income of $31,000 per annum, with all outgoings covered by the tenant. The lease has 2 years remaining, with rights of renewals available to the existing tenant out 2042, making it an ideal passive income investment. Key Features: * Small and manageable investment * Prime location due to a large retirement village being adjacent to the subject property * Steady passive income opportunity * Established liquor store with over 20 years of operation Outgoings paid by the tenant $5,909.99 + GST per annum. For more information and an appointment to view this property, please contact the sole agent at NAI Harcourts Cooper & Co today.