A significant tenanted investment in Otahuhu

387, Great South Road, Otahuhu, Auckland City

Auction

Proposed Usage
Industrial
Description:
Property ID
1c02gmt

•A freehold standalone property previous occupied by ANZ Bank and "KINGKONG"gifts shop
•Prime location in the heart of Otahuhu town Centre, current IEP rating is 85%
•Long established and reputable tenant in place since early 2008
•Current contract net rental is $190,000+GST per annum
•Easy motorway access and public transport facilities

This is an exceptional opportunity to secure a freehold standalone tenanted investment.
The building is positioned within a well-established retail complex in the ever popular Otahuhu town centre. The property comprises of a two level commercial floors with frontage to Great South Road. It is recently fully occupied by a well-established business since early 2008. The tenant has just entered a brand new lease at net rental of $190,000 +GST per annum.

Sit back and enjoy the cashflow this bottom drawer investment provides. Be sure you don't miss it!!!


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Otahuhu Area