Platinum Partner
Listing Description
Listed: Thu, 31 Oct
CALLING ALL INVESTORS - DOUBLE DIGIT YIELD!
Unit 700/1 Enfield Street, Mount Eden, Auckland City, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Property ID# | ADL447 |
| Agency reference | 4039053 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149682292&sellerId=0 |
Description
- Long-term 5 + 5-year lease with built-in rental growth
- High profile 3m x 8m digital billboard
- Returning $242,327 net p.a. from an established operator
- Massive exposure to Mt Eden Road
Prominent positioning on the architecturally designed 1 Enfield Street complex, this high profile 3m x 8m digital billboard is secured by an established operator returning $242,327 net per annum + GST. This passive Freehold unit is further supported by a built-in annual CPI increase on a long-term 5 + 5-year lease.
Fantastic location on the corner of Mt Eden Road and Enfield Street near the Mt Eden train station, as well as a short drive to Mt Eden village and Westfield Newmarket.
Overall, a secure bottom-drawer investment with annual rental growth in a strong and emerging Mt Eden location – don’t miss out on this high-yielding investment opportunity!