Panmure - NEW BUILDING, NEW LEASE - HIGH YIELD

Price Negotiation
Location Unit 19, 71 Jellicoe Road, Panmure
Type Commercial & Industrial Retail to Buy
Floor Area 92 m2
Listing No # 84273
Listed 31/07/2020
Views 1

Description

FOR SALE BY DEADLINE PRIVATE TREATY CLOSING 2:00PM, WEDNESDAY 26 AUGUST 2020 (UNLESS SOLD PRIOR) AT GF, RSM HOUSE, 62 HIGHBROOK DRIVE, EAST TAMAKI.

Unit 19, 71 Jellicoe Road, Panmure has a floor area of 92m² and the tenant (a Mini Mart) has recently completed a totally new fitout. There is a new and secure six year lease in place with rights of renewal and final expiry in 2034.

KEY FEATURES:

  • New building, new quality fitout
  • New six year lease with rights of renewal - secure, bankable investment
  • Income of $50,000 per annum + OPEX and GST
  • 89 shared car parks for your customer
  • Lease with a personal guarantee
  • Motivated vendor

The complex provides 24 retail shops with excellent street frontage to busy Jellicoe Road, with three handy entrance points meaning easy access for customers. The complex is located within Panmure. Along with the surrounding suburbs of Stonefields, Glen Innes and Mt Wellington, Panmure is an area poised for huge growth with a well-located town centre, strong public transport and road links to the wider Auckland region. The Tamaki Regeneration Programme and $1.2 billion AMETI (Auckland-Manukau Eastern Transport Initiative) project are at the forefront of this growth.

If you're looking for a high yield, secure with a well-entrenched tenant and bankable investment, this unit provides all of them or will make a great addition to your existing portfolio.

Hot, hot hot. Don't miss out, be quick.

Please contact sole agent Jane Chen on 027 548 6749 for more information.

Contact our agent

Jane Chen

P: 09 390 2339
M: 027 548 6749

Barfoot & Thompson Ltd (Licensed: REAA 2008) - South Auckland Commercial

Ground Floor, Building 5
60 Highbrook Drive
Manukau City , 2104
RealEstate Agents contact details and original listing on www.realestate.co.nz -