Colourful North Shore Investment

8, Croftfield Lane, Wairau Valley, North Shore City

Auction

Proposed Usage
Office
Floor Area
761.00 m²
Land Area
2594.00 m²
Description:
Property ID
1bt729d



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

Enquire about this property

North Shore City Area