A significant tenanted investment in Otahuhu
387, Great South Road, Otahuhu, Auckland City
- Proposed Usage
- Floor Area
- 1414.00 m²
- Auction Date
- 11:00 - Dec 06, 2017
- Property ID
â¢A freehold standalone property previous occupied by ANZ Bank and "KINGKONG"gifts shop
â¢Prime location in the heart of Otahuhu town Centre, current IEP rating is 85%
â¢Long established and reputable tenant in place since early 2008
â¢Current contract net rental is $190,000+GST per annum
â¢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!!!