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Albany, 15/7 - 9 Kaipiho Lane

Affordable Retail Investment in Albany

Price by Negotiation

Listing Number: NSC29449
About this listing
Exciting opportunity to purchase a brand new tenanted investment located in the heart of Albany.

Newly opened in 2017, Ramada Suites Albany offers stylish accommodation within close proximity to Westfield Mall, QBE Stadium, park and ride and the Albany bus station.

Key Investment features:
- Rental income of $48,000 p.a. net + GST
- 3 + 3 + 3 year lease commencing as of Jan 2018
- 93m² of ground floor retail space and 21m² of exclusive outdoor space
- CPI and market reviews throughout the Lease
- Fast growing residential area
- Located next to Albany bus station and park & ride
- 100% of the Outgoings are recoverable
- Body Corp approval granted for food use within the Unit

Don't miss this opportunity to purchase this well-presented and tenanted retail unit within this high quality development.

Poised for growth, Albany is expected to develop further Apartment buildings, Retirement village, Office towers and many other significant developments.

Albany is undergoing some exciting changes, make sure you're apart of it!
Property Information
  • Approx Floor Area: 93 sqm
  • Land area
    • Yard Square Metres: 21
  • OPEX $: 10798
  • Parking: Covered Carparks: 4
  • Property Type: Retail, Tenanted Investment
  • Property Features: Tenanted Investment, Quality Development, High growth area
  • Approx Floor Area
    • Retail Square Metres: 93
  • Legal details
    • Body corp fee $: 5713

Contact Details

NAI Harcourts North Shore

Cooper & Co Real Estate Ltd

Licensed REAA 2008

4/128 Hurstmere Rd
Takapuna
Auckland
Office website

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