268sqm
floor area
Opportunity | Two retail investments |
Profile | Excellent |
Returning | Unit Z $53,500pa + GST Unit BB $86,500pa + GST |
β’Offered to the market, two prime retail units in the heart of Albany Centre
β’ Unit Z - 116sqm (Approximately) Net income $53,500pa+ GST
β’ Unit BB - 152sqm (Approximately) Net Income $86,500pa + GST
β’ Combined income of $140,000pa + GST
β’ Long standing tenants with strong lease terms
β’ Tightly held complex with zero existing vacancy
β’ Established development opposite Westfield Mall with excellent carparking
Offered to the market for the first time in over 20 years, these prime road front units offer the discerning buyer the opportunity to invest in one of the best retail complexes in Albany.
These units are both occupied by established tenants with the benefit of long lease terms de risking an acquisition for the successful purchaser. Both tenancies have excellent exposure to Don McKinnon Drive, representing two out of only three units situated with the prime road frontage that benefits from its position opposite Albany's Westfield Mall.
The development itself currently has zero vacancies being a direct testament to tenant demand and the quality of location. Albany continues to grow being one of only two commercial centres on the North Shore with Metropolitan Centre zoning allowing for continued intensive redevelopment which is evident in recently completed projects. Quality investment product of this nature is rare in the current market so don't miss out on the opportunity
Licensed under the REA Act 2008
Mobile: +64 21 445 290 |
Office: +64 9 489 0960 |
dean.gilbert-smith@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 182 3085 |
Office: +64 9 489 0963 |
michael.nees@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 808 579 |
Office: +64 9 489 0989 |
steven.liu@bayleys.co.nz |
268sqm
floor area
Opportunity | Two retail investments |
Profile | Excellent |
Returning | Unit Z $53,500pa + GST Unit BB $86,500pa + GST |
Z and BB/100 Don Mckinnon Drive, Albany
Open in mapLicensed under the REA Act 2008
Mobile: +64 21 445 290 |
Office: +64 9 489 0960 |
dean.gilbert-smith@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 182 3085 |
Office: +64 9 489 0963 |
michael.nees@bayleys.co.nz |
Licensed under the REA Act 2008
Mobile: +64 21 808 579 |
Office: +64 9 489 0989 |
steven.liu@bayleys.co.nz |
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