TOP SHELF - FREE STANDING BLOCK OF SHOPS ON ...

4055-4059, Great North Road, Glen Eden, Waitakere City

Tender

Proposed Usage
Retail
Floor Area
1436.00 m²
Description:
Property ID
1bz5wq2

TOP SHELF - FREE STANDING BLOCK OF SHOPS ON FREEHOLD SITE

The subject property comprises a block of nine convenience retail shops and two ATM spaces together with ample car parking on a substantial freehold land area of 3,839m². The property is zoned Mixed Use under the Auckland Unitary Plan and has a wide prominent frontage onto Great North Road within the suburb of Glen Eden, Auckland.

The property is fully leased excluding a vacant ATM space. Current annual net rental is approximately $464,533 plus GST.

Existing tenants include West Liquor, a roast shop, Green Bay Fruit & Veges, Westpac ATM, butcher, bakery, café, seafood takeaways, superette and upcoming new laundromat. Most are tenants that have been established since the building was completed in 2004.

A sought after proven split risk retail investment opportunity not to be missed.

• Land area 3,839m²
• Freehold free standing retail building
• 100% IEP rating (Grade A+)
• Complementary range of retailers
• Split risk investment
• Wide prominent frontage with high visibility to main road
• Mixed Use zone under the Auckland Unitary Plan
• Potential subdivision to individual shops

For all enquiries, please contact the Sole Agent.

Enquire about this property

Glen Eden Area