38-42 Clyde Road

Browns Bay, Auckland

Deadline Sale 4pm 10 April (unless sold prior)

Listing: L24455486


Generational Investment
NAI Harcourts are proud to bring to market this generational investment opportunity prominently positioned in the vibrant heart of Browns Bay. Extensively refurbished in 2014; this property comprises of 8 tenancies including national brands ASB Bank and Coffee Club. 38-42 Clyde Road has an excellent investment risk profile which is occupied by a range of business uses including hospitality, retail and professional services. Located on the corner of Clyde Road and Inverness Road the property boasts of a land area of 1,487 sqm and approx 71m of prime retail frontage with tenancies ranging from 36sqm to 226 sqm. A total net lettable area of 1,092 sqm and 12 carparks which are accessed via Inverness Road. A loading bay at the rear of the property provides internal access to the tenancies. With a healthy effective rental income of $433,150 + GST p.a. this opportunity is one you don't want to miss. Investment Highlights: - Freehold corner site - Multi-tenanted Investment - 71m (approx) of corner retail frontage - 1,092 sqm of net lettable area (more or less) - 1,487 sqm land area (more or less) - 80% NBS rating - 3.0 WALT - Zoned Business Town Centre For more detailed property information or to arrange a private viewing contact Isaac 027 702 0663 or Nick 021 070 9850.
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1,487(more or less Land Area)

1,092(approx) Floor Area

12 Car Parks

Contact The Experts
Isaac Tankard

Commercial Sales & Leasing Consultant

P

(09) 486 9263
Nick Young

Commercial Sales & Leasing Consultant

Get In Touch
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