100sqm
floor area
Lease Term | Five (5) years |
Location | Browns Bay |
Rent reviews | Two (2) yearly |
• Entry level commercial investment returning $36,000pa + GST
• Five (5) year lease term to established tenant commencing in 2020
• One of only three units within complex
• Browns Bay location being an established commercial township undergoing significant redevelopment
Situated in the heart of Browns Bay, unit A, 10 Inverness Road presents to the market a rare opportunity to purchase an entry level commercial investment in this sought-after locality which is tightly held.
With the benefit of an established tenant who has been in occupation since 2019, the operator presents a quintessential suburban cafe which in the future could suit a wide variety of potential tenants with its functional layout and strategic position within the town centre. The property benefits from its profile to Inverness Road and proximity to ample carparking in the immediate area as well as being a short walk to New World Supermarket.
Browns Bay has seen over $67,000,000 worth of Commercial transactions in the township over the last two years predominantly from developers and add value landlords and is an area now finally starting to reach its potential given the socio economic demographics, zoning, beaches, proximity to motorways and public transport infrastructure. Don't miss out on this very real buying opportunity.
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 |
100sqm
floor area
Lease Term | Five (5) years |
Location | Browns Bay |
Rent reviews | Two (2) yearly |
A/10 Inverness Road, Browns Bay
Open in mapLicensed 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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