Top Location - New 10 Year Lease

B/272, Ti Rakau Drive, East Tamaki, Manukau City

Auction

Proposed Usage
Retail
Description:
Property ID
1btpk1h

- Huge profile on busy Ti Rakau Drive with dual access
- Seismic rating 155% (A+) of NBS
- Well established bar and gaming lounge with 18 gaming machines
- Ten year lease from March 2017 with fixed rental reviews
- Returning $118,000pa + GST & Outgoings
- Floor area 443sqm approx, 9 car parks
- Recently refurbished

The property is a two storey retail unit fitted out as a bar and gaming lounge, with a self contained upstairs office. This well established complex is surrounded by a mix of commercial and retail businesses, that include Fruit World, Z Service Station and the newly opened Mercedes car dealership.

Ti Rakau Drive is the main road servicing the residential catchment of Pakuranga, East Tamaki and Botany. Passive tenanted retail / commercial investment with long term lease is not to be missed..

Enquire about this property

East Tamaki Area