nzcommercial.co.nz/105424
Ad ID: 105424

Retail Investment for Sale Browns Bay Auckland

Enquire about this "Retail Investment for Sale Browns Bay Auckland" property on nzcommercial

Retail - Tenanted Investment, Long Term Leases

Location:
71A Clyde Road
Browns Bay
Auckland
Asking:
Deadline Sale
Area (m2):
264.00

Commercial Property for Sale Description

Retail Investment for Sale Browns Bay Auckland 71A Clyde Road

Located in a prime corner position and following a comprehensive property refurbishment from top to bottom, two new long-term leases have just commenced. Established national business Caroline Eve anchors the investment complimented by the established Indulge Cake Supplies, a renowned specialty local retailer upgrading to superior premises.

• Returning $107,500 net p.a.
• Fixed Rental Growth
• Bank Guarantees
• 6.3 years Weighted Average Lease Term across both tenancies
• Ideal bottom drawer investment
• Favourable zoning – future upside – undercover carpark

A comprehensive data room is available to genuine parties to complete your due diligence.

Contact Sole Agents for an Information Memorandum.

CBRE
John Bedford
021772121
For more info
Contact: John Bedford

John Bedford

021 772 121 or 09 359 5340
CBRE - Auckland CBD
Licensed REAA 2008
Broker Ref: 21182596Q4

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