4/1 Greenwich Way

Unsworth Heights, Auckland

Auction

Listing: L30718022

27

Days

3

Hours

21

Minutes

17

Seconds

Disclaimer: Auction may be brought forward at Vendor request.


Tenanted Investment Property
FOR SALE - By Auction 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. 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, 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.
Loading...

90(approx) Floor Area

3 Car Parks

Contact The Experts
Dave Lane

Commercial Sales & Leasing Consultant

P

09 390 2120
Get In Touch
Loading...