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Auckland Central, 13/210 Victoria Street West

Entry Level Tenanted Retail - Must Be Sold!

Auction 05 Dec 2019 Unless Sold Prior

Listing Number: NSC32943
About this listing
This is an ideal first commercial investment property! Our owners are committed to another business opportunity and this must be sold!

The Victoria Park Market is one of Auckland's most highly sought after retail and hospitality locations offering a character and diverse retail experience. Home to over 60 Tenants, VPM is bustling with hospitality, boutique shops and both national and international brands.

Unit 13 which is available for sale by auction has a floor area of 45m² and new lease 3 + 3 year lease after the pop up tenant tested out the location for their business, securing a long term lease is a reflection of the great location and value the tenant sees in the area.

Features:
- New 3 + 3 year lease as of 1st Oct 2019
- Gross rental of $31,200 + GST
- Guaranteed rental growth each year
- Floor area of 45.1m² (more or less)
- 70% NBS rating

This is an ideal opportunity and at an affordable price for investors entering the commercial market and are wanting to achieve an actual return on their property investment.

For further information and to arrange a viewing contact the NAI Harcourts team.
Auction date
Thursday 5 Dec 6:30 p.m. (128 Hurstmere Road, Takapuna)
Unless Sold Prior
Property Information
  • Approx Floor Area: 45 sqm
  • Property Type: Office, Retail
  • Approx Floor Area
    • Retail Square Metres: 45
  • Property Details: Tenanted Investment
  • Tenure: Unit Title
  • OPEX $: 6512
  • Legal details
    • Body corp fee $: 3871

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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