FIRST CLASS RETAIL INVESTMENT

513, Sandringham Road, Sandringham, Auckland City

Auction

Proposed Usage
Office
Description:
Property ID
1bsmc8w

- Immaculately presented, freehold standalone investment
- Fully leased providing attractive cash flow of $87,381 pa
- Mixed use building - retail plus refurbished 3 bedroom flat
- Prominent position in the thriving Sandringham retail precinct

This well presented, high profile property offers a fully leased, split risk investment in the thriving
suburb of Sandringham.

A long established business provides a 4 year lease (plus rights of renewals) on the ground floor of $58,261 pa net + GST, plus the recently refurbished first floor residential flat, provides a further $29,120 pa. These two tenants provide split risk and diversified cash flow.

Do not miss this superb investment opportunity! Contact the sole agents now for a full information pack.

Auction 11am, 12th April 2017 (unless sold prior)
.

Enquire about this property

Sandringham Area