The Ultimate Passive Investment

2-4, Dorchester Street, Meadowbank, Auckland City

Auction

Proposed Usage
Retail
Description:
Property ID
1c1kws4

- 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%
earthquake rating.
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!

Enquire about this property

Meadowbank Area