Platinum Partner
Listing Description
Listed: Fri, 18 Aug
BUY ONE OR ALL - BRAND NEW DEVELOPMENT
1064-1068 Coatesville-Riverhead Highway, Riverhead, Rodney, Auckland
Details
| Attribute | Value |
|---|---|
| Property use | Retail |
| Agency reference | 86733 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149554759&sellerId=0 |
Description
Located in the new Stonemill development, in the vibrant village suburb of Riverhead, these four brand new commercial retail units offer an exciting opportunity for first time and established investors alike.
Do not miss your chance to secure a property that offers massive exposure, located alongside the Coatesville-Riverhead Highway, in an ever-expanding suburb that has grown in population by over 105% since 2013.
KEY FEATURES:
- Four brand new commercial retail units
- Sizes from 37m² - 66m² (approx.)
- Affordable entry-level investment or buy all option
- Established tenants
- Road front exposure
- Sought-after high growth location
- Versatile Mixed Use zoning
Three of the units have formalised leases set to commence:
- Unit 5 - returning $36,609.64 p.a. net
- Unit 6 - SOLD
- Unit 7 - SOLD
- Unit 8 - expected $21,708.27 p.a. net
Total returning rental - $104,411.12 p.a. net Total expected rental - $126,119.39 p.a. net
In a current market that is low on stock, this is an opportunity that will attract a wide range of potential buyers. Being offered for sale by deadline private treaty, buyers can submit offers at terms suitable to them, meaning these will be highly sought after.
Contact the listing agent to discuss further and obtain a copy of the full Information Memorandum.