FANTASTIC INVESTMENT WITH PREMIUM TENANT

19, Fernhill Drive, Massey, Waitakere City

$2,180,000

Proposed Usage
Retail
Floor Area
419.00 m²
Description:
Property ID
1c0xg09

FOR SALE BY DEADLINE PRIVATE TREATY - CLOSING 2:00PM, TUESDAY 19 DECEMBER 2017 (UNLESS SOLD PRIOR) AT BUILDING 5, 60 HIGHBROOK DRIVE, EAST TAMAKI, AUCKLAND.

Rare opportunity to acquire an easy to manage, passive, trophy investment property in the heart of Westgate Town Centre. This unit is leased to international gym operator Snap Fitness, which have more than 2000 Clubs worldwide.

The property was fully refurbished in 2015 before becoming home to Snap Fitness, it's quality modern construction, location, tenant covenant and the potential for income growth through CPI rent reviews make for a sound investment, whether you are a first-time buyer or want to diversify your portfolio.

Located in one of Auckland's fastest growing areas with easy access to motorway on/off ramps, surrounded with a lot of well known businesses such as The Warehouse, Westgate Shopping Centre and Pak'nSave, on the main road with a bus stop just in front of the building.

Key Features:
• Freehold unit title with 420m² (approx) floor area
• Current net rent $132,623 pa + Opex + GST
• Fixed 6 year term from 2015, with further ROR 3 x 6 years each
• Annual CPI rent reviews
• IEP rating 100% NBS
• Ample common car parks

Be quick!

Viewing is strictly by appointment only
Please call Jane Chen 027 548 6749 or Serrine Chen 029 912 4018 for more information.

Enquire about this property

Massey Area