Motel Tenanted Investment in Albany
40, Rosedale Road, Albany, North Shore City
- Proposed Usage
- Hotel & Leisure
- Floor Area
- 1740.00 m²
- Land Area
- 7462.00 m²
- Property ID
- 35 motel units fully leased to professional management company
- Returning $610,000 net rent a year
- CPI and market mix rent review
- Unit free hold property
- 19 car parks
- Be quick, wouldn't last long
Apollo Square is start of a new living experience in Albany on North Shore. Apollo Square is an all- encompassing development comprising of commercial block (shops and motel), three (3) residential apartment blocks, and 7,500 square metres of recreational and garden area.
Apollo Square is situated on Rosedale Road, which serves as one of the main access points to the North Shore and Albany business area and is approximately 2km from the Albany Mega Centre. Coupled with this is the close proximity to the North Harbour Stadium, Stadium Pool, Massey University and number of other facilities.
The stage one commercial block is under construction and expecting to be finished by June 2018. It comprises 13 retail units and 35 unit's motel. We are seeking interest from tenant/owner occupiers for restaurants, cafes, fast food, gym, entertainment, fashion, hair & beauty, pharmacy, travel office, show room, banks etc.
Call for more information.