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Albany, 2/1 Rose Garden Lane

Gold Standard Tenanted Investment

$1,096,700 Plus GST (if any)

Listing Number: NSC32246
About this listing
2/1 Rose Garden Lane comprises of 80.9m² of prime corner exposure with a brand new lease signed in Novermber 2019 and stepped rental growth during the initial lease term, this is an ideal passive investment for any astute investor.

Investment considerations:
- Annual net rental $55,000 + GST + Outgoings
- New 3 x 2 x 2 year lease as of November 2019
- Outgoings are 100% recoverable
- Stepped rental growth
- Newly completed complex

Positioned along multiple frontages Rose Garden has fantastic exposure to Don Mckinnon Drive and Rose Garden Lane offering an excellent opportunity for owner occupiers and astute investors alike. Located a short distance from everything Albany has to offer including, Albany stadium, Westfield Mall, Albany Park and Ride, Massey University along with a variety of planned developments. Albany is undergoing some exciting changes, make sure you are a part of it!

For more information about what Sale and Lease opportunities are available within the Rose garden development check out www.rosegardencommercial.com
or contact the sole agents at NAI Harcourts today.
Property Information
  • Approx Floor Area: 81 sqm
  • Land Size: 81 sqm
  • Property Type: Office, Retail
  • Approx Floor Area
    • Retail Square Metres: 81
  • Parking
    • Covered Carparks: 1
  • Property Details: Tenanted Investment
  • Tenure: Unit Title
  • OPEX $: 7925
  • OPEX p/sqm $: 97
  • Legal details
    • Body corp fee $: 3432

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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