A hidden gem of an investment

Unit G, 4, Arrenway Drive, Albany, North Shore City

Auction

Proposed Usage
Industrial
Description:
Property ID
1c1lry2

* 82sqm retail unit leased to a popular Korean restaurant
* Yielding a net return of $36,750 + GST and outgoings
* Original set up from 2009, currently leased till 2021
* Positioned to capitalise on the new Rosedale Bus Station
* Rare retail investment opportunity in a highly sort after locality

This boutique complex caters to a wide range of known retail, service and hospitality outlets and is well located in the highly sought after Rosedale commercial precinct. It attracts both business and residential customers from a large established catchment base.

The future holds huge potential for this complex when the proposed new Rosedale Bus Station on the Northern Busway is operational right across bringing a high level of exposure and foot traffic.

Interest rates remaining at historic low levels this should be ideal for investors looking for a steady return with great prospects as the surrounds are realigned with the impending bus station.

For more information on the Rosedale Bus Station copy the link below into your browser:

http://www.nzta.govt.nz/projects/the-western-ring-route/auckland-northern-corridor/rosedale-busway-station/

Click here to view Mustan Bagasra's personal website

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Albany Area