• Motivated vendor demands sale!

• Established tenanted investment with long term lease in place

• Leased to The Liquor Store occupying a ten year lease from April 2021

• Returning approximately $40,000pa plus GST and outgoings

• Close proximity to State Highway 16, key public transport networks and strategically positioned amongst well known national and international tenants

Offered to the market is a 154sqm (more or less) tenanted investment situated in a fundamental commercial complex in Pt Chevalier that houses the likes of Burger Fuel, Bakers Delight, Shosha, Local Butcher and more. The Liquor Store occupies this warehouse unit as storage and is currently returning $40,000pa (approx.) plus GST and outgoings on a ten (10) year lease from April 2021.

Located in the city fringe suburb of Pt Chevalier, the property enjoys road front exposure to Great North Road and positioned strategically amongst key amenities and arterial routes. The property forms a block of eight units with established occupiers. The site also houses ample car parking for all with a bus stop right outside the front of the property.

This property presents a perfect opportunity for investors and astute investors wanting to further diversify their portfolio.

For a virtual tour of 1112 Great North Road please refer here: https://my.matterport.com/show/?m=LQMMeN6hmZD

For further information, contact the SOLE agents today

Tony Chaudhary

021 995 121

tony.chaudhary@bayleys.co.nz

Jordan Brown

021 144 9825

jordan.brown@bayleys.co.nz