Colourful North Shore Investment
8, Croftfield Lane, Wairau Valley, North Shore City
- Proposed Usage
- Floor Area
- 761.00 m²
- Land Area
- 2594.00 m²
- Property ID
Enquire about this property
A perfect opportunity to purchase a Freehold Trade Retail investment property situated in the popular Link Drive Retail Park, on Auckland's North Shore.
Having traded on site since circa 2001, Resene Paints have entered into a new 10 year lease, commencing 1 July 2017 (plus a further 10 years right of renewal). Returning $175,000 pa net + GST, this investment provides guaranteed rental growth as rent reviews are based on CPI increases and market rates at predetermined intervals.
The standalone Trade Retail building has a prominent road front profile, and neighbours other popular retail chain stores including Harvey Norman, Noel Leeming, Briscoes, JB-Hifi, Placemakers, Curtain Studios, Stationary Warehouse to name a few.
Long-term additional development opportunities also exist, as the building covers only 25.7% of the site.
This is a true 'A' Grade investment. Call the Sole Agents for further information today!
Ryan de Zwart 021 575 001 l Matt Prentice 021 464 904 l Shoneet Chand 021 400 765