BIG TENANT, SMALL PRICE TAG

H/86, Bush Road, Albany, North Shore City

By Negotiation

Proposed Usage
Retail
Floor Area
76.00 m²
Description:
Property ID
1bzhq7h

This superb retail offering on Bush Road is simply a must see. Small commercial units with tenants of this stature seldom come to the market.

The unit is well appointed, with fully glazed frontage, a professional client facing space with air-conditioning units, as well as rear bathroom and kitchenette facilities leading out to a small patio area.

The tenant, Travel Associates, is a boutique travel agency who are part of global travel company, Flight Centre Limited, and are a business dedicated to offering discerning travellers unique experiences and the ultimate in luxury travel. Their initial six year lease term is due for renewal in August 2021 and is currently returning a conservative $24,520 plus GST and outgoings.

The development also houses a range of quality tenants, from architects, consultants and property companies to surveyors and web designers, just to name a few. Anchoring the development is an on-site cafe with a number of car parks and a great alternative for a business meeting, or to simply provide the complex with their caffeine fix.

Considering the above, as well as the northerly aspect, green outlook and diverse catchment area including proximity to Pinehurst and Kristin Schools, this is the perfect small investment and an opportunity not to be missed.

KEY FEATURES:
• Approx. 76m² ground floor retail space
• Established national tenant
• Initial six year term due for renewal August 2021
• Open and unobstructed corner development
• Concrete tilt slab build
• Fully glazed frontage
• Air-conditioning units
• Modern and well appointed property

Expressions of Interest close Wednesday 11 October 2017, to request an Information Memorandum or to arrange a viewing, please don't hesitate to contact the Sole Agents Nick or Max today:

Nick Brown: 021 162 3239
n.brown@barfoot.co.nz
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Max Andrews: 021 629 141
m.andrews@barfoot.co.nz

Enquire about this property

Albany Area