The Ultimate Passive Investment
2-4, Dorchester Street, Meadowbank, Auckland City
- Proposed Usage
- Floor Area
- 190.00 m²
- Land Area
- 339.00 m²
- Auction Date
- 11:00 - May 16, 2018
- Property ID
- Immaculately presented freehold standalone investment
- Two retail shops leased to established, long standing tenant
- Eight year leases return $64,496 net pa + GST
- Estate Liquidates, do not miss this one!
Estate Liquidates following long term ownership. Properties of this calibre are rarely
presented to the market.
The property comprises two extensively refurbished retail tenancies with 100%
Leased to a long standing tenant currently returning $64,496 net p.a. + GST.
New eight-year leases with two yearly rent reviews.
High profile location with future development upside due to the properties Neighbourhood Centre Zone.
This property ticks all the boxes, be sure not to miss this one!