Auckland Central - SUBWAY RETAIL INVESTMENT OPPOSITE CRL ENTRANCE

Description

For sale by deadline private treaty closing 4:00pm, Thursday 23 May 2024 at Level 3, 50 Kitchener Street, Auckland Central (unless sold prior).

Incredible opportunity to purchase an affordable retail unit in the heart of the CBD, opposite the entrance to Beresford Square train station, part of the City Rail Link.

The strategically positioned unit comprises approximately 97m² and is situated on the ground floor of the Chatham Apartment building on Pitt Street, just off Karangahape Road. The unit is occupied by a long-standing tenant, Subway, who have been in occupation since 2014 with an annual rental of $39,932 per annum.

This is a must-see for investors seeking an affordable passive investment with long-term upside from the completion of the City Rail Link.

• 97m² retail unit
• $39,932 rental per annum from long-standing tenant operating as Subway
• Fantastic CBD location, a stone's throw from Karangahape Road
• Opposite entrance to Beresford Square train station, part of the City Rail Link
• High growth location
• Call now for more details